Chandler Arizona Agreement and Assignment of Partnership Interest
Category:
State:
Multi-State
City:
Chandler
Control #:
US-C-A-33302-01
Format:
Word;
Rich Text
Instant download
Description
A partnership is a type of business structure in which two or more people or entities own and operate a business. When one owner sells their stake in the partnership to a third party, an assignment of partnership interest records the transaction to the new partner. The assignment of partnership interest involves two parties: the assignor or the partner transferring their stake and the assignee, the new partner. The document that details the transaction needs to include the following information: Information about the partnership like the name of the business; The type of interest being transferred; The names and information of both the assignor and the assignee; Information about the remaining partners
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