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The Florida Statutes

The 1998 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS
Chapter 620
Partnership Laws
View Entire Chapter

1620.595  Partnership property.--

(1)  All property originally brought into the partnership or subsequently acquired by purchase or otherwise on account of the partnership is partnership property.

(2)  Unless a contrary intention appears, property acquired with partnership funds is partnership property.

(3)  Any estate in real property may be acquired in the partnership name. Title so acquired may be conveyed in the partnership name.

(4)  A conveyance to a partnership in the partnership name, though without words of inheritance, passes the entire estate of the grantor, unless a contrary intent appears.

History.--s. 8, ch. 72-108; s. 25, ch. 95-242.

1Note.--Repealed effective January 1, 1998, by s. 25, ch. 95-242.