The ability to buy out a business partner largely depends on the structure of the partnership and the terms in the partnership agreement. If you're planning a buyout, getting a buyout agreement in place is essential.But how do they work exactly? Learn how to initiate a buyout agreement effectively with this comprehensive guide. The city of Oakland and African American Sports and Entertainment Group have tentatively agreed to fresh terms for the Coliseum. The answer to these questions will inform everything from buyout structure and financing to conducting valuations and outsourcing expertise.