Legal Question in Real Estate Law in Pennsylvania

Dissolving Partnerships

Three partners own one rental property. One wants to leave partnership. Can the other two force him to stay? What steps are needed to dissolve the partnership in the state of PA?


Asked on 2/03/08, 9:49 am

1 Answer from Attorneys

Roger Traversa Arjont Group (Law Office of Roger Traversa)

Re: Dissolving Partnerships

You asked about dissolving a partnership.

This is a complicated area governed by the documents you collectively signed and by the law to "fill the gaps" where the documents did not properly deal with the issues. You will probably not find a clear answer no matter what side you are on.

Depending on what side I represent I can always come up with arguments for my client's position and arguments against my opponent's position. That's a lawyer's job.

You need to speak with a lawyer to determine the best (most effective and economical) course of action given the circumstances.

Regards,

Roger

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Answered on 2/03/08, 11:59 am


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