Fill and Sign the Disclaimer of Partnership Form

Disclaimer of PartnershipPage 1 of 1 Disclaimer of Partnership Agreement made this day of , 20 , between of , (Name of Partner One) (Street Address, City, County, State, Zip Code) referred to herein as Partner One, and of (Name of Partner Two) , referred to herein as Partner Two. (Street Address, City, County, State, Zip Code) Whereas, the understanding between the parties respecting their interest in is evidenced only by their books of (Description of Business) account; and Whereas, the parties desire to evidence by written agreement the arrangement under which is owned and their respective (Description of Business) interest in the business, in order to avoid any significance of partnership liability, obligation, or power; Now, therefore, for and in consideration of the matters described above, and of the mutual benefits and obligations set forth in this Agreement, the parties agree as follows: 1. The arrangement presently existing and now defined by this Agreement exists entirely for the convenience of the parties and does not constitute a partnership, shall not be deemed to give to other party the powers of a partner, and does not authorize the carrying on of any trade or business. 2. The relation existing under this Agreement is limited strictly to the custody, protection, and handling of the business described above owned jointly by the parties, and of their respective rights in the business. Witness our signatures this day of , 20 . By: By: (Signature of Partner One) (Signature of Partner Two) (Printed Name of Partner One) (Printed Name of Partner Two)