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Partnership Interest
The share or portion of a partnership that is owned by one of the partners, representing the partner's stake in the partnership's assets, liabilities, and operations.
Co-ownership
A legal agreement where two or more parties jointly own a property or asset, sharing rights and responsibilities.
Existing Partners
Current members of a partnership who have previously entered into a partnership agreement and are actively involved in the business operations.
Right to Participate
A term indicating the entitlement of an individual or entity to take part in certain activities or to have a share in certain rights or benefits.
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