Rental Property Partnership Agreement Template for New Zealand

1. Property Manager Appointment: Used when the partnership employs a professional property manager

2. Development and Renovation: Include when the partnership plans to develop or significantly renovate properties

3. Overseas Investment Provisions: Required when any partners are overseas investors

4. Mortgage and Financing: Include when the partnership will take on debt financing

5. Insurance Requirements: Detailed insurance requirements beyond standard coverage

6. GST Registration: Include when the partnership needs to register for GST

7. Exit Strategy: Specific provisions for planned future exit of partners

8. Intellectual Property: Include if the partnership develops unique property management systems or branding

1. Schedule 1: Property Details: List and details of all properties owned by the partnership

2. Schedule 2: Capital Contributions: Detailed breakdown of each partner's capital contributions

3. Schedule 3: Partner Contact Details: Complete contact information for all partners

4. Schedule 4: Management Procedures: Detailed procedures for property management and maintenance

5. Schedule 5: Financial Procedures: Specific procedures for financial management and reporting

6. Appendix A: Property Management Agreement: If applicable, the agreement with external property manager

7. Appendix B: Bank Account Details: Partnership bank account information and signing authorities

8. Appendix C: Compliance Checklist: Checklist of regulatory requirements and compliance matters