Equity Agreement Sample With Retainer In Arizona

State:
Multi-State
Control #:
US-00036DR
Format:
Word; 
Rich Text
Instant download

Description

The Equity Agreement Sample with Retainer in Arizona is designed for two investors who wish to co-invest in a residential property while outlining their respective rights and responsibilities. Key features of this agreement include specifications for the purchase price, down payments, financing arrangements, and occupancy terms. It establishes an equity-sharing venture between the parties, detailing initial capital contributions and provisions for any additional funding necessary for property improvements. The agreement clarifies how proceeds from the eventual sale of the property will be distributed, addressing creditor payments and the respective capital contributions of each party. The form encourages dispute resolution through binding arbitration, ensuring that any legal complications arising from the agreement can be efficiently managed. For attorneys, partners, and legal professionals, this form provides a framework to protect clients' investments and mitigate potential disputes. Paralegals and legal assistants will find this agreement useful for documenting equity share ventures, while owners and associates can rely on it to formalize their investment arrangements.
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FAQ

The retainer agreement does not bind you to your lawyer. You can terminate the client-attorney relationship at any time.

Hello. My name is I am an attorney. In most situations, the answer to this question, unfortunately, is no. Once an agreement is signed, it can only be terminated or cancelled as permitted by the terms of that agreement.

Retainer agreements (also referred to as representation agreements) are a type of compensation agreement with lawyers either for reserving their employment or as compensation for future services. Also inside the agreement are details on the scope and procedure for the representation.

The goal of a retainer is to provide your clients with ongoing access to your agency's services. Furthermore, with a retainer agreement, agencies can offer their services at discounted prices to improve client retention. Exactly how much depends on the type of retainer you offer—which we will discuss further.

A retainer agreement is a work-for-hire contract. It falls between a one-off contract and permanent employment, which may be full-time or part-time. Its distinguishing feature is that the client or customer pays in advance for professional work to be specified later.

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Equity Agreement Sample With Retainer In Arizona