Security Deposit Refund and Claim Statement

Create a limited partnership for purchasing investment real estate properties in the USA under this Real Estate Limited Partnership Agreement.

• In addition to cash contributions to capital, the general partners will contribute to the partnership certain real estate property under a contract for purchase and sale.
• The partnership assumes all of the purchaser's obligations under this contract, except for the payment of costs associated with the purchase transaction, which will be paid by the general partners.
• Partnership profits and losses will be distributed among or borne by the partners in proportion to their capital contributions.
• Proceeds from the sale of any property or asset held by the partnership will be allocated among the partners in amounts equal to their cash contributions, and a portion of the balance allocated proportionately among the partners in proportion to their capital contributions.
• None of the partners will receive a salary or be entitled to draws for services rendered on behalf of the partnership.
• No Limited Partner shall have the right to substitute an assignee as contributor in his place.
• This template is provided in MS Word format, and is easy to download, edit with your specific details, and print.
• This legal form is governed by the laws of the United States.

Keep your assets out of probate when you die with this USA Declaration of Nominee Trust.

• A nominee trust is a trust created for the purpose of holding property on behalf of beneficiaries whose identities are kept secret.
• The trustee's sole duty is to hold the trust property and pay over any trust income to the beneficiaries. The trustee has no power to deal with the property except as directed by the beneficiaries.
• Unless terminated earlier by one or more beneficiaries, the trust will automatically terminate twenty years after its effective date.
• The trust will not be administered by any court.
• Any termination of the trust, amendments to the Trust Declaration, and any changes in trustees must be recorded in the county records.

It's never to early to start your estate planning. Buy the USA Declaration of Nominee Trust and get started on yours now.

Set the terms by which an LLC will buy, develop and lease real estate property with this easy-to-use LLC Operating Agreement for Real Estate Developer.

• This 11-page agreement template establishes the formation of a multi-member limited liability company in the United States for the purpose of purchasing, developing, operating, leasing and/or selling real estate properties.
• The members are responsible for managing the business and affairs of the LLC and may appoint one or more managers to delegate that authority to.
• Provisions for admitting new members and for existing members to transfer their interest.
• Provisions for tax and accounting procedures. The LLC is treated as a partnership for U.S. federal tax purposes.
• Provisions for dissolution of the LLC, liquidation and distribution of the assets on a pro rata basis after payment of the LLC's obligations.
• This is a U.S. template which can be used in most states. Check with the Secretary of State in your area to find out what else is required.
• An LLC can be a cost-effective and efficient structure for a real estate developer.