Partnership Dissolution

A Deed of Dissolution of Partnership is useful when two or more partners who are in business together wish to end the partnership. This agreement helps outline when the partnership will end, creates a plan for completing an inventory of the partnership’s holdings, and helps all parties share profits, losses, assets and liabilities amongst themselves. 

This is even more useful if the partnership was operating without a Partnership Agreement, or without pre-determined terms and conditions for when the partnership might end. The agreement simplifies the process of ending the business relationship, provides a clear timeline to follow, and allows the partners to move on with ease.