1. Investment Committee: Required when the partnership structure includes an investment committee for decision-making

2. Advisory Board: Included when the partnership establishes an advisory board for oversight and consultation

3. Co-Investment Rights: Used when partners or affiliates have rights to co-invest in specific properties

4. Development Projects: Required when the partnership engages in real estate development activities

5. Environmental Matters: Detailed section needed when environmental risks are significant consideration

6. Property Management: Include when the partnership will manage properties directly rather than outsource

7. Financing Arrangements: Detailed section needed when the partnership strategy involves significant leverage

8. REIT Compliance: Required if the partnership needs to comply with REIT requirements

9. Tax Matters: Expanded section needed for complex tax structures or international investors

1. Schedule 1 - Initial Partners and Capital Commitments: List of all partners and their initial capital commitments

2. Schedule 2 - Property Schedule: Details of initial property portfolio or target properties

3. Schedule 3 - Investment Guidelines: Detailed investment criteria and restrictions

4. Schedule 4 - Fee Structure: Management fees, promote structure, and other fee arrangements

5. Schedule 5 - Valuation Policy: Methodology for property and partnership interest valuation

6. Schedule 6 - Distribution Waterfall: Detailed calculations and examples of distribution waterfall

7. Appendix A - Form of Capital Call Notice: Standard form for issuing capital calls

8. Appendix B - Form of Transfer Agreement: Template for partnership interest transfers

9. Appendix C - Subscription Agreement: Standard form for new partner subscriptions

10. Appendix D - Management Agreement: Agreement with property manager if applicable