House Flipping Partnership Agreement
House flipping partnership defining renovation project roles, capital contributions, profit sharing, decision-making authority, and exit strategies for real estate investment ventures.
Key Clauses
Scope of Services
Defines the specific services, deliverables, and performance standards required under the agreement.
Compensation and Payment
Establishes fee structures, payment schedules, invoicing procedures, and late payment penalties.
Term and Termination
Sets the agreement duration, renewal options, and conditions under which either party may terminate.
Confidentiality
Protects proprietary information and trade secrets shared between the parties during the engagement.
Indemnification
Allocates liability and requires each party to hold the other harmless from specified claims and damages.
Use This Template
When You Need This
- Real estate investor partnering with contractor for property renovation
- Partners pooling resources for residential property purchase and improvement
- Experienced flipper partnering with investor for capital and expertise
- Construction professional partnering with investor for house flipping business