Amendment to Partnership Agreement

An Amendment to Partnership Agreement is a legal document that modifies the terms and conditions of an existing partnership agreement. It may be used to add or remove partners, change the partnership’s purpose or scope of business, or update the partners’ roles and responsibilities. The amendment must be agreed to by all of the partners and should be signed and dated by each partner. It becomes a part of the original partnership agreement and is legally binding on all of the partners. An Amendment to Partnership Agreement allows the partners to adapt to changing circumstances and ensures that the partnership agreement remains accurate and up-to-date.