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Home Q&A Forum How to ensure clarity in a partnership agreement?
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Partnership

Partnership Agreement

Texas

Asked on Nov 18, 2023

How to ensure clarity in a partnership agreement?

I am looking to form a partnership with another individual. We are both going to be investing in the same business and want to ensure that our interests are well protected. We have drafted a partnership agreement but are not sure if it is clear enough. We want to make sure that there are no misunderstandings between us and that our interests are clearly defined. We need help to make sure that the partnership agreement is clear and unambiguous.

1 Attorney answer

Answer

Partnership

Texas

Answered 321 days ago

Darryl S.

ContractsCounsel verified

Business Lawyer
Licensed in Texas
Free Consultation

Having an attorney review the current draft will provide an objective perspective on any gaps or areas lacking clarity in your agreement. Investing a little more upfront will prevent issues later should disputes arise. Please let me know if you need any other specific suggestions on strengthening your partnership agreement.

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