Partnership dissolution agreement
A simple partnership dissolution agreement, professionally drawn as a framework for the partners to dissolve their partnership. Covering practical, commercial and administrative points, it can be used for partnerships of any size and in any industry.
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
Dissolve your partnership without stress
This is a professionally drawn, simple partnership dissolution agreement designed to give you the legal and commercial framework you need for tying up the most important of the “loose ends” when you go your separate ways.
Most importantly, it is a document that negates the provisions for dissolution as contained in the Partnership Act, most of which do not reflect how businesses operate today.
The agreement covers points such as what each partner will “buy” out of the business, who (if anyone) takes over the business, and how debts and assets will be divided.
When to use this partnership agreement
This document can be used to record the final agreement, but it also makes a good “discussion document” for your talks about separation. Partnership dissolutions can be stressful and time consuming. This agreement will enable you first to identify, then to deal simply and quickly with the main issues.
This agreement is ideal for small partnerships (less than ten partners) but can be used for larger ones as well. It can be used for businesses in any industry, from accounting to architecture to trades.
- About the business
- Management of the dissolution process
- Reminder of partnership sharing terms
- Disposal of assets
- Who takes over the business, if anyone, and on what terms
- Accounting and practical procedures
- Terminating bank arrangements
This document was written by a solicitor for Net Lawman. It complies with current Australian law.
How other customers rated this document
Average customer rating
By Tanya Jones 07 June 2015
Wasn't able to find much useful information on partnership dissolution on the internet so decided to take a chance with Net Lawman. The partnership dissolution agreement was very easy to complete and came with comprehensive and clear supporting documentation (e.g., term definitions). Very impressed with this product and would definitely use this service again - quick, easy and very cost effective. Thank You.
By Trudie King 17 July 2013
Fantastic & very easy to use.
By MIRA ZACHARIA 28 July 2016
It covered my requirements well and was easy to use. Notes were very helpful
By Gary Wert 18 July 2016
"Loved it mate, was in somewhat bitter dispute with ex partner, loads of expensive meetings nothing sorted. Got your form, edited it up sent it over -bang, signed, sealed and delivered in 10 mins. Excellent"Ken Warren, Director The Golden Bough
"I have used your web site several times and fond it very quick ,handy,and very accurate many thanks."Ann
"Searching for a form, it was great to see the forms specifying the different states but could be better if the states were made bold so it was easier to find the state that's needed. Otherwise, everything was excellent."Dawn Logan