50/50 Contract

blahdiblah | 12:54 Wed 23rd Apr 2008 | Law

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I would like to find out how it would work to set up a contract.
My partner and I did a joint investment 50/50 and it is in his name.
I need a contract of some sort to say that we have done this 50/50 and that I should get 50% of the return of the investment.
How do I go about? Anyone help please?

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50/50.
But in His Name.

Cet a proper contract drawn up.

Yup. Otherwise who's to say you just didn't gift him a sum of money to spend as he wished?

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great thanks for the answers! been a great help!

yes be very careful. Perhaps contact a lawyer.

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50/50 Contract

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