If property was obtained by a partner in his or her role as a partner, it is considered partnership property.

Question

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The RUPA states that partnership property is any and all property that has been obtained by the partnership itself. For instance, if the property was obtained in the partnership's name, it is partnership property. If the property was obtained by a partner in his or her role as a partner, it is partnership property. If the instrument of title for the property includes the name of the partnership, it is partnership property.

If Property Was Obtained by a Partner in His or Her