Share Agreement Contract With Nike In Los Angeles

• Category: Real Estate - Contracts - Equity
• State: Multi-State
• County: Los Angeles
• Control #: US-00036DR
• Format: Word; Rich Text

Description

The Share Agreement Contract with Nike in Los Angeles facilitates the formation of an equity-sharing venture between two investors, referred to as Alpha and Beta, for the investment in a residential property. The key features of the agreement include the delineation of purchase price, down payments, and the distribution of expenses related to escrow, loans, and proceeds from the sale of the house. Both parties are required to contribute specified amounts of cash, and their ownership percentages are clearly laid out to ensure transparency and fairness. Maintenance responsibilities, occupancy terms, and provisions for handling the death of either party are also incorporated to protect both investors' interests. Furthermore, the agreement emphasizes mandatory arbitration for dispute resolution, governed by California laws. Legal professionals such as attorneys and paralegals will find this document useful for drafting clear agreements, ensuring compliance with legal standards, and as a guide for client negotiations in similar equity-sharing arrangements.