Appendix B
Checklist: Issues to Consider for Partnership Agreements

The following is a list of common concerns and clauses in partnerships and partnership agreements. The list is not exhaustive, will vary in individual circumstances, and cannot replace legal advice. Architects should consult their lawyer(s) before negotiating and entering into a partnership or partnership agreement.

Establishment of the Partnership

Term and Termination

Disposition of Partnership Interests


Restriction on Partners

Management of the Partnership

Capital and Income