The Real Estate Partnership Agreement serves as a foundational document for parties seeking to collaborate in real estate ventures within Malaysia. This document is essential when two or more parties wish to pool resources, expertise, and capital for real estate investment, development, or management activities. It addresses key aspects required under Malaysian law, including compliance with the Partnership Act 1961, National Land Code 1965, and relevant property legislation. The agreement typically covers capital contributions, profit sharing, management rights, property acquisition and disposal procedures, and partnership dissolution terms. It's particularly relevant for property development projects, investment portfolios, and long-term real estate management arrangements, providing a clear framework for partner relationships and business operations in the Malaysian real estate sector.
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1. Parties: Identification and details of all partners entering into the agreement
2. Background: Context of the partnership formation and its primary purpose in real estate business
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Structure: Legal structure, name, and business address of the partnership
5. Capital Contributions: Details of initial and ongoing capital contributions from each partner
6. Ownership and Profit Sharing: Partnership interests and profit/loss distribution ratios
7. Management and Control: Decision-making processes and management responsibilities
8. Property Management: Procedures for managing real estate assets and related operations
9. Banking and Financial Matters: Banking arrangements, accounting procedures, and financial management
10. Transfer of Partnership Interest: Rules regarding transfer of partnership shares and right of first refusal
11. Term and Termination: Duration of partnership and conditions for termination
12. Dissolution and Winding Up: Procedures for partnership dissolution and asset distribution
13. Governing Law: Specification of Malaysian law as governing law and jurisdiction
1. Development Projects: Include when partnership involves property development activities
2. Foreign Investment: Include when any partner is a foreign entity or individual
3. Strata Management: Include when partnership involves management of strata properties
4. Islamic Finance Compliance: Include when partnership requires Shariah compliance
5. Environmental Compliance: Include when partnership involves green buildings or environmental certifications
6. Property Leasing: Include when partnership focuses on rental property management
7. Intellectual Property: Include when partnership has branded properties or unique property management systems
1. Schedule 1 - Property Schedule: List and details of all properties owned or managed by the partnership
2. Schedule 2 - Capital Contributions: Detailed breakdown of each partner's capital contributions
3. Schedule 3 - Profit Sharing Ratios: Detailed calculation method for profit distribution
4. Schedule 4 - Management Structure: Organizational chart and management responsibilities
5. Schedule 5 - Valuation Method: Agreed method for valuing partnership assets
6. Appendix A - Partner Information: Detailed information about each partner including contact details
7. Appendix B - Property Documents: Copies of relevant property titles and certificates
8. Appendix C - Business Plan: Partnership's business plan and investment strategy
Relevant legal definitions
Clauses
Relevant Industries
Real Estate Development
Property Investment
Commercial Real Estate
Residential Real Estate
Industrial Real Estate
Retail Property
Hospitality Real Estate
Mixed-use Development
Property Management
Construction
Relevant Teams
Legal
Real Estate
Investment
Property Development
Asset Management
Operations
Finance
Compliance
Business Development
Project Management
Relevant Roles
Real Estate Development Director
Property Investment Manager
Chief Investment Officer
Real Estate Partner
Property Portfolio Manager
Development Manager
Asset Manager
Legal Counsel
Financial Controller
Operations Director
Business Development Manager
Project Manager
Compliance Officer
Managing Partner
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