Profit and Loss Allocation Provisions in a Real Estate Joint Venture Agreement (Targeted Allocations) | Practical Law

Profit and Loss Allocation Provisions in a Real Estate Joint Venture Agreement (Targeted Allocations) | Practical Law

Capital account and profit and loss allocation provisions that can be used in a limited liability company (LLC) operating agreement or partnership agreement for a real estate joint venture. These Standard Clauses follow the targeted allocation method. These Standard Clauses have integrated notes with important explanatory and drafting tips.

Profit and Loss Allocation Provisions in a Real Estate Joint Venture Agreement (Targeted Allocations)

by Practical Law Real Estate, with Will S. Becker, O’Melveny & Myers LLP
Maintained • USA (National/Federal)
Capital account and profit and loss allocation provisions that can be used in a limited liability company (LLC) operating agreement or partnership agreement for a real estate joint venture. These Standard Clauses follow the targeted allocation method. These Standard Clauses have integrated notes with important explanatory and drafting tips.