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Greg and Lee purchase the Tara Condominiums as an investment. They agree to share the rental income and expenses. They also agree to sell the
Greg and Lee purchase the Tara Condominiums as an investment. They agree to share the rental income and expenses. They also agree to sell the property in 10 years and to share any gain pro rata. Both Greg and Lee have other full-time jobs, and they have neither any other past or current business relationships nor plans for any future business venture with each other. Greg and Lee have formed a OA. B. C. D. Corporation. General partnership. Joint venture. Limited partnership.
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