A major difference between partnerships and S corporations involves the treatment of distributions of appreciated property. This book has a fillintheblank buyout agreement and instructions on how to incorporate it into your partnership agreement.In this guide, we will explain what buying out a business partner means, how to prepare to buy out a business partner, and more. Credit Card Account Purchase Agreement from Fulton Financial Corporation filed with the Securities and Exchange Commission. This guide outlines the essential procedures for buying a stake from a business partner. These include creating the motivation behind the buyout.