Real Estate Partnership Buyout Agreement Template for Philippines

1. Earn-out Provisions: Used when part of the purchase price is contingent on future performance of the partnership assets

2. Security Arrangements: Included when the purchase price is paid in installments and security is required

3. Non-Compete Provisions: Added when restrictions on the departing partner's future business activities are required

4. Transition Services: Included when the departing partner needs to provide ongoing support or services during a transition period

5. Outstanding Liabilities: Used when there are specific provisions needed for handling existing partnership debts or obligations

6. Property Management: Added when specific arrangements are needed for ongoing management of real estate assets

7. Dispute Resolution: Optional detailed arbitration or mediation procedures beyond standard jurisdiction clause

1. Schedule A - Partnership Property Details: Detailed list and description of all real estate properties owned by the partnership

2. Schedule B - Valuation Report: Independent valuation of the partnership interest being transferred

3. Schedule C - Payment Schedule: Detailed payment terms and dates if payment is to be made in installments

4. Schedule D - Outstanding Obligations: List of all partnership liabilities and their allocation post-buyout

5. Schedule E - Required Consents: List of third-party consents required for the transfer

6. Appendix 1 - Partnership Agreement: Copy of the original partnership agreement and any amendments

7. Appendix 2 - Property Documents: Copies of property titles, registration documents, and permits

8. Appendix 3 - Transfer Documents: Templates or copies of documents required for transferring property rights