Can I seller my business without my business partner's signature?

Question

Can I seller my business without my business partner's signature?

Answer

If you actually have a partnership, no, unless your written partnership agreement says you can. You should not be in business without having a CPA and a lawyer, so you should be asking this to your business lawyer.

Answer

How do you expect a legitimate response when no one here know anything about the contracts, documents or other agreements between you and your partner? You'll get a more helpful response by asking your partner.

Answer

If it really is a partnership (and not an LLC, LLP or corporation), no, unless there is a partnership agreement that allows you to do so.

Answer

As a Franchise Attorney I agree with the other attorney answers. Normally selling a partnership requires the consent and authorization of all partners. But this "normal rule" can be modified by the terms of your partnership agreement. This needs to be examined. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation