1. Parties: Identification of all partners entering into the agreement, including their full legal names, addresses, and professional registration details
2. Background: Context of the partnership formation, including the partners' qualifications, RERA registration status, and business objectives
3. Definitions: Key terms used throughout the agreement, including technical real estate terminology and partnership-specific definitions
4. Partnership Structure: Legal structure of the partnership, including the firm name, principal place of business, and branch offices if any
5. Capital Contribution: Details of initial and ongoing capital contributions from each partner, including valuation of non-monetary contributions
6. Profit and Loss Sharing: Ratio and mechanism for sharing profits and losses among partners, including commission distribution structure
7. Management and Operations: Day-to-day management responsibilities, decision-making processes, and operational procedures
8. Rights and Duties of Partners: Specific rights and obligations of each partner, including compliance with RERA and other regulatory requirements
9. Banking and Financial Matters: Banking arrangements, financial management procedures, and accounting practices
10. Client Management: Procedures for client acquisition, management, and service delivery standards
11. Compliance and Reporting: Regulatory compliance requirements, including RERA reporting and other statutory obligations
12. Term and Termination: Duration of the partnership and conditions for termination or dissolution
13. Dispute Resolution: Procedures for resolving disputes between partners, including mediation and arbitration provisions
14. Governing Law: Applicable laws governing the agreement and jurisdiction for dispute resolution
