This Property Flipping Partnership Agreement ("Agreement") is entered into on by and between:
Collectively referred to as the "Partners."
The Partners agree to collaborate for the purpose of purchasing, renovating, and selling property(ies) for profit.
Address/Description of Property:
Each Partner agrees to contribute the following amounts or resources toward the purchase and renovation of the property:
Partner obligations and duties shall be as follows:
Profits and losses from the project shall be divided as follows:
Decisions regarding the property (including sale, renovations, etc.) will require consensus or as follows:
This agreement shall remain in effect until the property is sold and proceeds are distributed, unless terminated earlier by mutual agreement.
In the event of a dispute, Partners agree to resolve matters via: