Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Sale Of Partnership Interest Agreement
"I need a Sale of Partnership Interest Agreement for selling my 25% stake in a law firm partnership to an incoming partner, with the sale to complete by March 2025, including special provisions for ongoing client matters and professional indemnity insurance."
1. Parties: Identification of the seller, purchaser, and other partners (if they are parties to the agreement)
2. Background: Context of the partnership, reason for sale, and current ownership structure
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the transaction, including the specific partnership interest being sold
5. Purchase Price: Amount, payment terms, and method of payment
6. Completion: Details of when and how the transfer will be completed
7. Seller's Warranties: Warranties regarding ownership, authority to sell, and status of the partnership interest
8. Purchaser's Warranties: Warranties regarding authority to purchase and financial capacity
9. Partnership Consent: Confirmation of other partners' approval of the transfer
10. Handover and Transition: Process for transferring control and documents
11. Tax Matters: Allocation of tax liabilities and responsibilities
12. Confidentiality: Obligations regarding confidential information
13. Notices: How formal communications between parties should be made
14. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement
1. Seller Financing: Include when the purchase price is paid in installments or there's vendor financing
2. Security Arrangements: Include when there are assets or guarantees securing payment obligations
3. Non-Compete Provisions: Include when the seller agrees to restrictions on future business activities
4. Ongoing Obligations: Include when the seller retains certain responsibilities post-sale
5. Intellectual Property: Include when specific IP rights need to be addressed
6. Employee Matters: Include when there are specific arrangements regarding employees
7. Dispute Resolution: Include when parties want specific arbitration or mediation procedures
8. Third Party Consents: Include when the transfer requires approval from external parties
9. Post-Completion Adjustments: Include when the purchase price may be adjusted based on future events
10. Partnership Continuation: Include when specific provisions are needed about partnership continuation post-sale
1. Partnership Interest Details: Detailed description of the partnership interest being sold
2. Financial Statements: Recent financial statements of the partnership
3. Asset Register: List of partnership assets included in the sale
4. Existing Partnership Agreement: Copy of the current partnership agreement
5. Payment Schedule: Detailed payment terms and dates if applicable
6. Due Diligence Results: Summary of due diligence findings
7. Required Consents: List of required third-party consents and their status
8. Encumbrances: List of any encumbrances on the partnership interest
9. Completion Checklist: List of actions required for completion
10. Tax Calculations: Details of tax implications and calculations
Authors
Professional Services
Legal Services
Accounting and Financial Services
Real Estate
Construction
Retail and Trading
Manufacturing
Agriculture
Mining
Healthcare
Consulting
Technology
Engineering
Architecture
Legal
Finance
Compliance
Tax
Corporate Development
Business Development
Risk Management
Commercial
Partnership Management
Due Diligence
Corporate Secretarial
Investment
Managing Partner
Senior Partner
Legal Counsel
Corporate Lawyer
Tax Director
Chief Financial Officer
Business Development Manager
Partnership Manager
Compliance Officer
Due Diligence Officer
Financial Controller
Risk Manager
Commercial Director
Business Owner
Investment Manager
Managing Director
Find the exact document you need
Non Compete Agreement Sale Of Business
A South African law-governed agreement preventing business sellers from competing with their sold business, including specified time and geographic restrictions.
Sales Employee Contract
South African employment contract for sales professionals, including commission structures and performance metrics, compliant with local labor laws.
Used Equipment Sales Agreement
South African law-compliant agreement for the sale and purchase of used equipment, covering condition, warranties, and regulatory requirements.
Sales Channel Partner Agreement
A South African law-governed agreement establishing the terms and conditions for a sales channel partnership, including rights, obligations, and commercial terms.
Furniture Sale Agreement
A South African law-governed agreement for the sale and purchase of furniture, incorporating consumer protection requirements and commercial terms.
Sales Rep Contract
A South African law-governed agreement establishing the terms and conditions between a company and its sales representative, including commission structures and performance requirements.
Restaurant Sale Agreement
A South African law-governed agreement for the sale and transfer of a restaurant business, including assets, employees, and operational rights.
Sales Commission Contract
A South African law-compliant agreement establishing terms for commission-based sales relationships, including commission structures, territories, and performance requirements.
Private Sale Of House Contract
A standardized contract under South African law for the private sale of residential property between individuals, complying with the Alienation of Land Act.
Pleasure Craft Sales Contract
A South African law-governed contract for the sale and purchase of pleasure craft vessels, ensuring compliance with maritime regulations and protecting both parties' interests.
Contract Sales Representative
A South African law-governed agreement establishing terms and conditions for sales representative engagement, including commission structures and performance requirements.
Employer Employee Sales Commission Agreement
A South African law-compliant agreement establishing employment terms and commission structure for sales personnel, including compensation details and performance requirements.
Cash Sale House Contract
A South African legal agreement for the cash purchase of residential property, compliant with local property law and transfer requirements.
Agreement To Split Proceeds Of Sale
A South African law-governed agreement that establishes how proceeds from a sale will be divided between multiple parties, including distribution mechanisms and obligations.
Sales Manager Contract
A comprehensive employment contract for sales managers in South Africa, aligned with local labor laws and sales management requirements.
Sale Of Partnership Interest Agreement
A South African law-governed agreement facilitating the transfer of partnership interest between parties, including terms, conditions, and compliance requirements.
Domestic Sales Contract
A South African law-governed contract for domestic sale of goods, ensuring compliance with local consumer protection and commercial laws.
Deed Of Sale Form
A legally binding agreement under South African law that documents the terms and conditions for the sale and transfer of property from seller to purchaser.
Business Sale Non Disclosure Agreement
South African law-compliant NDA for protecting confidential information during business sale transactions.
Lease Sale Agreement
A South African law-governed agreement combining property lease terms with future purchase provisions, facilitating a tenant's transition to property ownership.
Shares Sale And Purchase Agreement
A South African law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company.
Binding Sale Agreement
A legally binding sale agreement under South African law that documents the terms and conditions of a sale transaction between parties.
Bill Of Sale Contract For Car
A South African law-compliant contract documenting the sale and transfer of ownership of a motor vehicle between parties.
Short Sale Contract
A South African legal agreement for selling property below the outstanding mortgage balance, subject to lender approval.
Sale Leaseback Agreement
A South African law-governed agreement combining property sale with immediate leaseback arrangement, allowing the seller to continue occupying the property as a tenant.
Deed Of Sale For Car
A legal agreement under South African law documenting the sale and transfer of ownership of a motor vehicle between parties.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.