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Includes instructions, free checklist. Supported file types: Word, Works, PDF, RTF. Compatible with Mac, Windows, and Linux.

Partnership Agreement - Limited

The Limited Partnership Agreement is modeled around the General Partnership except it can have one or more “limited partners” (also known as “silent partners”) who are not liable for partnership debts. All liabilities rest with one or more designated general partners.

Limited partners own a share of the business but do not have any say in how the business is being run. In most states, limited partners are prohibited by law from getting involved in managerial decisions. Scroll down the page for a free Limited Partnership Agreement preview.

Also see: General Partnership Agreement


This attorney-prepared legal form includes:

1. Instructions and Checklist for the Partnership Agreement - Limited;
2. Detailed information about the Partnership Agreement - Limited;
3. Partnership Agreement - Limited.

State Law Compliance: Designed for use in all states.

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