{"id":3823,"date":"2026-10-26T05:52:47","date_gmt":"2026-10-26T05:52:47","guid":{"rendered":"https:\/\/kewlegal.com\/resources\/outside-general-counsel-for-businesses\/partner-exit-withdrawal-agreement-attorney-south-florida\/"},"modified":"2026-10-28T06:10:10","modified_gmt":"2026-10-28T06:10:10","slug":"partner-exit-withdrawal-agreement-attorney-south-florida","status":"publish","type":"page","link":"https:\/\/kewlegal.com\/resources\/outside-general-counsel-for-businesses\/partner-exit-withdrawal-agreement-attorney-south-florida\/","title":{"rendered":"Partner Exit Agreement Attorney South Florida | KEW Legal"},"content":{"rendered":"\n
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Partner Exit Agreements | Coral Gables & Sunny Isles Beach<\/p>

Plan Your Partner Exit Before It Becomes a Dispute<\/h1>

KEW Legal helps business owners and investors across South Florida review, draft and enforce partner exit agreements, including buyout terms, valuation methods and deadlock provisions. Our team focuses on business law for Miami-Dade and Broward County companies.<\/p>

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By Kristina E. Wilson \u00b7 Published October 26, 2026<\/p>\n\n

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Searching for a partner exit agreement attorney South Florida business owners can work with? This page explains what these agreements cover, the main paths out of a co-ownership, and the steps you can expect. A partner exit agreement is a signed contract that sets the terms for one owner to leave a partnership or LLC while the others keep running it. KEW Legal focuses on business law for owners and investors. Kristina E. Wilson, one of the firm’s lawyers, is responsible for this page.<\/p>\n

What a Partner Exit and Withdrawal Agreement Is and Who Needs One<\/h2>\n

A partner exit agreement is a written deal that ends one owner’s stake while the business keeps running. It fits co-owners who are leaving on their own, being pushed out, or stepping back after illness, retirement, or a co-owner’s death.<\/p>\n

Handshake exits cause trouble later. Owners often disagree about the price, the payment timing, who owes the business’s debts, and who keeps the name, clients, and vendor accounts. A signed agreement answers those questions before they become a dispute.<\/p>\n

The first rules come from your own governing document. Under Fla. Stat. \u00a7 605.0105<\/a>, an LLC’s operating agreement governs relations among members and between members and the company. Chapter 605 governs a matter described in subsection (1) to the extent the operating agreement does not otherwise provide for it.<\/p>\n

For partnerships, Fla. Stat. \u00a7 620.8103<\/a> says the partnership agreement governs relations among partners. The rest of Florida Statutes Chapter 620<\/a> fills the gaps.<\/p>\n

So the first question is simple: what do your signed documents say? Owners who skip that step often find the answer differs from what everyone assumed.<\/p>\n\n

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If a co-owner has announced an exit or a buyout offer has stalled, you don't have to sort out the terms alone, so call KEW Legal at 305-990-2300 or send us a message. Talk it through with our team — the first consultation is free, confidential, and carries no obligation.<\/p>

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Withdrawal, Buyout, or Dissolution: The Paths Out of a Co-Ownership<\/h2>\n

A co-owner can usually leave by negotiated buyout, dissociation, a buyout election in a court case, or dissolution of the business. Each path treats the business and the money differently.<\/p>\n

Negotiated buyout.<\/strong> The owners agree on a price and terms, and the business or the remaining owners buy the exiting share. Signed terms drive the result, so this path gives you the most control.<\/p>\n

Dissociation.<\/strong> A member or partner can leave at any time. Under Fla. Stat. \u00a7 605.0601<\/a>, an LLC member’s exit is wrongful if it breaks the operating agreement or is a withdrawal before the company finishes winding up. A wrongful exit can create liability for damages.<\/p>\n

For partnerships, Fla. Stat. \u00a7 620.8701<\/a> says the partnership must buy a dissociated partner’s interest at a buyout price when the business keeps going.<\/p>\n

Under Fla. Stat. \u00a7 605.0706<\/a>, when a member petitions to dissolve the LLC, the company, or if it does not, one or more other members, may elect to buy the petitioner’s entire interest at fair value. The election can be filed within 90 days after the petition, or later if the court allows.<\/p>\n

Judicial dissolution.<\/strong> A judge sets the result, so owners who reach their own deal keep more control.<\/p>\n

What the Agreement Covers (Concrete Terms to Review)<\/h2>\n

A strong exit agreement puts the money, transfer, release, and transition terms in writing. Review these terms before anyone signs.<\/p>\n