What is the name of your state (only U.S. law)? Florida
is there any contract fee disbursed with this paragraph of the contract , THERE WERE NO PROFITS ONLY LOSSES ,A 70 LOSS INCURRED, the remaining will be distributed.
This is what the paragraph says.
6 .Profits and Losses:the profits and losses of the Partnership and all income,loss,deductions,costs,or,credit shall be shared by the partners in the following proportions("partnership Interest"):Total percentages to be determined after all construction costs have been finalized.For General Contracting services a 5% fee will be deducted from the total profits prior to the disbursement percentages listed in the table below.What is the name of your state (only U.S. law)?
Thank you
is there any contract fee disbursed with this paragraph of the contract , THERE WERE NO PROFITS ONLY LOSSES ,A 70 LOSS INCURRED, the remaining will be distributed.
This is what the paragraph says.
6 .Profits and Losses:the profits and losses of the Partnership and all income,loss,deductions,costs,or,credit shall be shared by the partners in the following proportions("partnership Interest"):Total percentages to be determined after all construction costs have been finalized.For General Contracting services a 5% fee will be deducted from the total profits prior to the disbursement percentages listed in the table below.What is the name of your state (only U.S. law)?
Thank you
Last edited: