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Home Q&A Forum How to dissolve a partnership agreement?
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Business

Partnership Agreement

California

Asked on Oct 6, 2022

How to dissolve a partnership agreement?

I want to get out of a partnership we have with another business where we are sharing profits from products we're selling. It isn't working out and the other party isn't living up to their obligations based on what we initially discuss.

1 Attorney answer

Answer

Business

California

Answered 704 days ago

Michael M.

ContractsCounsel verified

Business Lawyer
Licensed in California
Free Consultation

Usually, partnership agreements have a termination provision which addresses when and how the partnership can be terminated. Typically, termination occurs upon the vote of the partners or upon the occurrence of an event or number of years.

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