Premises Office Share With Family In Wayne

• Category: Attorneys
• State: Multi-State
• County: Wayne
• Control #: US-00406BG
• Format: Word; Rich Text

Description

The Agreement to Share Office Space is designed for attorneys and other professionals who wish to share office premises in Wayne. This document outlines the terms of the shared office arrangement, including the sharing of the space, furniture, and equipment. It specifies that the agreement is valid year-to-year but can be terminated with 45 days' notice from either party. Importantly, the agreement clarifies that the parties are not in a partnership, ensuring that client relationships and income remain separate. Monthly expenses are prorated based on each party's gross earnings, detailing what costs are shared and what remains individual responsibilities, such as telephone bills and malpractice insurance. The sharing of space is restricted to law practice only, and any assignment of interest requires prior written consent from the other party. This form is useful for attorneys, partners, and associates looking for a collaborative workspace while maintaining individual business identities. Paralegals and legal assistants may also benefit from understanding these terms for better administrative support.