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Deed of Adherence Partnership Agreement​

Deed of Adherence for a new partner joining an existing partnership.

Word and PDF formats
file_type_word
Average time to complete
4 minutes
Date last updated by lawyer
23/08/2024
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What Is a Deed of Adherence to Partnership Agreement?

The deed typically requires the new partner to adhere to all obligations and responsibilities that current partners have agreed to. By signing this document, the incoming partner effectively becomes a party to the original partnership agreement, granting them the rights and subjecting them to the liabilities involved.

The primary purpose of the deed is to maintain the continuity and integrity of the partnership's legal and operating framework. It provides legal clarity and security by clearly documenting the inclusion of a new partner, thereby safeguarding the interests of all existing partners.

Who Should Use a Deed of Adherence to Partnership Agreement?

The Deed of Adherence to a Partnership Agreement is essential for any new partner wishing to join an existing partnership. It formalizes their commitment to the terms and conditions outlined in the original partnership agreement.

Other Names

Deed of Accession to Partnership AgreementPartnership Agreement Accession DeedPartnership Accession AgreementDeed of AccessionAccession Deed for Partnership

Applicability

England flagWales flagEngland and WalesNorthern Ireland flagNorthern IrelandScotland flagScotland

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