- Joined
- Jun 7, 2011
- Messages
- 83
Our JV partner indicated an intention to back out of partnership, and being the first, we are wondering what's the best settlement - seed money in the JV + 5%, 10%, etc? Though based on JV agreement, settlement would be based on net share (after considering share from refinancing, cash flows, profits/losses from operations and net proceeds of sale, when property is sold), we would like our partner be happy with the return of his investment with us. What would you do in your case?
Thank you in advance for sharing your thoughts and experiences in this matter.
Thank you in advance for sharing your thoughts and experiences in this matter.