Real Estate Partnership Agreement

REAL ESTATE INVESTMENT PARTNERSHIP AGREEMENT
This Partnership Agreement ("Agreement") is entered into as of [Date] by and between:
PARTNER 1: [Partner 1 Name], [Partner 1 Address] ("Partner 1")
PARTNER 2: [Partner 2 Name], [Partner 2 Address] ("Partner 2")
[PARTNER 3 (if applicable): [Partner 3 Name], [Partner 3 Address] ("Partner 3")]
Collectively referred to as the "Partners" and individually as a "Partner."
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SECTION 1 — NAME AND PURPOSE OF PARTNERSHIP
(a) Partnership Name: The name of this real estate investment partnership shall be [Partnership / LLC Name], doing business as [DBA Name if applicable].
(b) Principal Place of Business: [Partnership Address]
(c) State of Formation: This partnership shall be formed and organized under the laws of the State of [State].
(d) Purpose: The purpose of this Partnership is to acquire, manage, rehabilitate, lease, hold, and sell real estate investments as mutually agreed upon by the Partners. The Partnership's primary objective is to generate investment returns and passive income for the benefit of all Partners through strategic real estate acquisitions and property management.
(e) Investment Criteria: The Partnership shall focus on [describe investment strategy — e.g., single-family rental properties, multifamily apartment buildings, commercial real estate, fix-and-flip projects, etc.] with a target annual return of [Target Return Percentage]%.
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SECTION 2 — TERM OF PARTNERSHIP
This Partnership commences on [Date] (the "Effective Date") and shall continue indefinitely until dissolved or terminated in accordance with the terms of this Agreement or by mutual written consent of all Partners.
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SECTION 3 — CAPITAL CONTRIBUTIONS

[Section 2 — continued...]

[Section 3 — fill in your details...]

[Additional clauses and provisions apply...]