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Many times is it easier for more than one person to begin investing in real estate. This happens most often within families or between friends who become business partners. Pooling financial and time resources is a definite benefit of forming a private partnership, LAQC, or joint venture. But there are also risks involved.
A Partnership Agreement Minimises Risk
The best way to avoid disputes and minimise risk for both parties is to create a partnership agreement that clearly spells out the responsibilities, rights, and obligations of each partner. This agreement is the foundation upon which the investment enterprise is based and meant to resolve any disputes that might occur while eliminating any misunderstandings.
There are few situations worse than one where previously close friends or family members are torn apart due to a business deal gone bad. It is best to argue about the details and air differences before the partnership is formed so that both parties are unsurprised. A formal agreement is the most efficacious way to avoid later problems. Do not rely on verbal agreements or a handshake; property investment between partners requires a legal document.
What to Put in a Partnership Agreement
First decide on the type of structure that will work best for all parties involved. This may be a trading trust, a general partnership, limited partnership, joint venture, traditional company, or the formation of an LAQC.
Agree on the payment structure. If one partner is supplying the majority of funding, they will typically expect to take more of the profits. Then again, if one of the partners functions more as a silent partner whilst the other performs the business tasks required, this should also be compensated. Decide on a fair and reasonable fee for work performed as well as a repayment schedule for the financier.
Payment to either party can either be on a regular basis, such as weekly or monthly, or it could be deferred until such time as the property is sold and a profit realised. Remuneration for capital funding should include the payment of interest. Interest may also be used to repay the financing partner for risk involved, such as when a home is used as security against a loan.
Remember to include stipulations for what happens when the partnership ends, for whatever reason. Each member should have the option to leave the partnership if desired. There are also legal considerations which will arise if one of the partners does not survive the duration of the agreement or if someone defaults on the terms.
There are additional considerations that should be included in any investment partnership. Be sure to consult a good legal representative who can offer advice on creating an agreement that is beneficial to all parties in an investment partnership.Posted in Forex | Tags: air, default, fair, format, party, pool | No Comments » Laser labels and their applications January 22nd, 2012 | Author: admin Laser labels and their applications
This is an age of high tech photo quality printers and extremely powerful graphic programs. All you need is high quality label materials without the high price tags enabling you to perform your work at a reasonable price.
There is a fair stock of the labels such as blank labels, laser labels, pressure sensitive labels, private label solutions, promotional stickers, cheap custom stickers, glossy white labels, custom labels on a roll, shipping labels online, self adhesive label manufacturers, custom bottle labels, custom family labels, custom mailing and shipping labels, and round inkjet labels.
Why is laser method preferred to the rest?
The ways in which labels are produced vary largely. In some cases labels are produced by laser technique. The efficiency of laser has made its impact worldwide and therefore the laser technique is vastly used. In the laser method, generally printer labels are produced. There are a full range of color laser labels and clear laser label in all the same laser label sizes and shapes.
Essence of the laser labels:
1.Laser printer labels enables a person to print with the help of his own printer in order to customize and easily change any laser label by the help of print fonts, symbol fonts and graphics which are available on the word processing program.
2.You can organize all your CD’s videos, DVDs, files, folders, books and storage bind by the help of regular laser labels, color label laser or clear label laser. Therefore if you want to organize your CD or DVD then the best thing that you can do is opt for laser labels.
3.There are different kinds of labels like bar code labels, shipping labels, and scale labels in laser label format and in direct thermal labels and thermal transfer labels. According to the requirement of the client any particular form of label is prepared.
4.There is a specific kind of laser label which is called the transparent variety. Some jobs require the see through option. You need to see the background like photo captions and displays. For these purposes clear laser labels are required. These clear laser labels enables you see-through options for home, office or school labeling jobs.
The most important function of the laser labels are that they are smudge proof and won’t jam the printer. They are harmless for your printer and you can use it safely without any risk factors attached with the use of these.Posted in Forex | Tags: code, fair, format, graphics, photo, school | No Comments » « Older Entries August 2013 M T W T F S S « May 1234 567891011 12131415161718 19202122232425 262728293031 Archives
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