Property Flipping Partnership Agreement

This Property Flipping Partnership Agreement ("Agreement") is entered into on by and between:

Collectively referred to as the "Partners."

1. Purpose

The Partners agree to collaborate for the purpose of purchasing, renovating, and selling property(ies) for profit.

2. Property Information

Address/Description of Property:

3. Capital Contributions

Each Partner agrees to contribute the following amounts or resources toward the purchase and renovation of the property:

4. Responsibilities

Partner obligations and duties shall be as follows:

5. Profit and Loss Distribution

Profits and losses from the project shall be divided as follows:

6. Decision Making

Decisions regarding the property (including sale, renovations, etc.) will require consensus or as follows:

7. Duration

This agreement shall remain in effect until the property is sold and proceeds are distributed, unless terminated earlier by mutual agreement.

8. Dispute Resolution

In the event of a dispute, Partners agree to resolve matters via:

9. Miscellaneous

  1. This agreement constitutes the entire understanding between the Partners.
  2. No Partner may assign or transfer their interest without written consent of the others.
  3. Changes or amendments must be made in writing and signed by all Partners.

Partner 1 Signature
Date:
Partner 2 Signature
Date: