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Spencer Burton introduces Ron Rohde, the legal contributor, who will present a walkthrough of a waterfall template partnership agreement, a document frequently requested by viewers. This agreement is essential for defining the terms between a general partner and a limited partner in their investment collaboration. It outlines the rights and responsibilities of both parties and specifies the return of capital once specific thresholds are achieved. Ron emphasizes the variety of legal and modeling options available for sophisticated projects. Additionally, Matthew Green, a seasoned real estate analyst and acquisitions expert, joins the discussion to offer further insights.