Premises Office Share With Manager In King
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Description
The Premises Office Share with Manager in King is a legal agreement designed for attorneys and other professionals who wish to share office space while maintaining their independent practices. Key features include the outlining of shared office space, expenses that will be prorated according to each party's gross earnings, and clarification that the parties are not in a partnership but instead have distinct client bases and financial responsibilities. The agreement also defines the duration of the office share, stipulating that it can be terminated with a 45-day notice or upon lease termination. Users are directed to keep records of shared and individual expenses, with specific terms for how monthly overhead is calculated and paid. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a structured format to navigate shared space arrangements, ensuring clarity in roles, responsibilities, and financial obligations. Furthermore, it emphasizes compliance and proper written consent for adjustments, protecting the interests of both parties involved.
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