All formsPartners: List all partners with their full legal names and addresses
Business Name: Enter the partnership name and principal place of business
Purpose: Describe the business purpose of the partnership
Capital Contributions: Specify each partner's initial contribution (cash, property, services)
Profit/Loss Sharing: Define how profits and losses are split (equal, proportional to contribution, or custom)
Management: Describe voting rights, decision-making authority, and day-to-day management
Withdrawal/Death: Address what happens when a partner leaves, retires, or dies
Dissolution: Specify the process for winding down the partnership
Contractsdocx
General Partnership Agreement
Federal & State Law Editorial TeamLast reviewed: April 2026
Agreement establishing a general partnership between two or more parties, covering profit sharing, management duties, capital contributions, and dissolution procedures.
DOCX TemplateUse the instructions below to complete this form
Instructions
Instructions
Note: General partners have unlimited personal liability. Consider an LLC or LP for liability protection.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.