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Real Estate Investment Partnership Agreement Template for Netherlands

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Key Requirements PROMPT example:

Real Estate Investment Partnership Agreement

"I need a Real Estate Investment Partnership Agreement for a Dutch partnership that will focus on investing in commercial office properties in Amsterdam, with one general partner and five institutional limited partners, planning to raise €100M by March 2025."

Document background
The Real Estate Investment Partnership Agreement is a crucial document used when establishing a structured vehicle for real estate investments in the Netherlands. It is particularly relevant for institutional investors, property developers, and investment managers looking to pool resources and expertise for real estate acquisitions and management. The agreement must comply with Dutch partnership law, real estate regulations, and investment legislation, making it essential to incorporate specific local legal requirements. This document typically includes comprehensive provisions covering partnership structure, capital commitments, property acquisition and management protocols, profit distribution mechanisms, and exit strategies. It is commonly used for both single-property investments and portfolio acquisitions, requiring careful consideration of Dutch tax implications and regulatory requirements.
Suggested Sections

1. Parties: Identification of all partners, including full legal names, addresses, and registration details

2. Background: Context of the partnership formation, investment objectives, and brief description of the real estate investment strategy

3. Definitions: Comprehensive list of defined terms used throughout the agreement

4. Partnership Formation and Term: Legal establishment of the partnership, commencement date, duration, and conditions for extension

5. Partnership Interests: Description of each partner's ownership interest and voting rights

6. Capital Contributions: Initial and subsequent capital contributions, procedures for capital calls, and consequences of default

7. Property Acquisition and Management: Procedures for acquiring properties, management responsibilities, and decision-making processes

8. Partnership Management: Governance structure, partner meetings, voting rights, and management responsibilities

9. Financial Matters: Accounting procedures, bank accounts, financial reporting, and audit requirements

10. Profit and Loss Allocation: Distribution of profits and losses, priority returns, and carried interest arrangements

11. Transfer Restrictions: Limitations on transfer of partnership interests and right of first refusal provisions

12. Exit Mechanisms: Procedures for partner withdrawal, buy-out provisions, and partnership dissolution

13. Representations and Warranties: Standard representations by all partners regarding capacity, authority, and compliance

14. Confidentiality: Protection of partnership and investment information

15. Notices: Communication procedures and contact details for official notices

16. Governing Law and Jurisdiction: Application of Dutch law and jurisdiction for dispute resolution

17. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments

Optional Sections

1. Development Projects: Include when the partnership plans to undertake property development activities, covering construction management and development procedures

2. External Property Manager: Include when third-party property managers will be engaged, detailing appointment procedures and responsibilities

3. Financing Arrangements: Include when the partnership will use external financing, covering loan approval procedures and security arrangements

4. Environmental Matters: Include for properties with specific environmental concerns or requirements

5. Co-Investment Rights: Include when partners have rights to co-invest in future opportunities

6. Key Person Provisions: Include when success depends on specific individuals remaining involved in management

7. REIT Compliance: Include if the partnership needs to comply with REIT requirements

8. International Investment Provisions: Include for partnerships investing in properties outside the Netherlands

Suggested Schedules

1. Schedule 1 - Property Schedule: Details of initial properties or target properties, including addresses, titles, and key characteristics

2. Schedule 2 - Capital Commitments: Detailed breakdown of each partner's capital commitments and contribution schedule

3. Schedule 3 - Investment Guidelines: Specific investment criteria, restrictions, and target returns

4. Schedule 4 - Management Procedures: Detailed procedures for day-to-day management and decision-making

5. Schedule 5 - Valuation Methodology: Procedures and principles for property valuation

6. Schedule 6 - Fee Structure: Detailed breakdown of management fees, promote structure, and other fees

7. Schedule 7 - Partner Details: Complete partner information including tax status and contact details

8. Appendix A - Form of Transfer Notice: Standard form for notifying transfer of partnership interests

9. Appendix B - Property Management Agreement: Template agreement for property management services

10. Appendix C - Subscription Agreement: Standard form for admitting new partners

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






































































Clauses












































Relevant Industries

Real Estate

Investment Management

Property Development

Commercial Property

Residential Property

Industrial Property

Retail Property

Infrastructure

Financial Services

Construction

Relevant Teams

Legal

Investment Management

Real Estate

Finance

Tax

Compliance

Risk Management

Asset Management

Fund Administration

Investment Relations

Property Management

Transaction Advisory

Relevant Roles

Investment Director

Real Estate Fund Manager

Chief Investment Officer

Property Portfolio Manager

Legal Counsel

Investment Analyst

Asset Manager

Fund Controller

Compliance Officer

Real Estate Development Manager

Partnership Manager

Investment Relations Director

Transaction Manager

Risk Manager

Tax Director

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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