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Foreign agreement REITs come with numerous details and requirements, which are increasingly manageable in real estate deals. However, understanding compliance is crucial, as drafting agreements without this knowledge can lead to issues. A simple statement claiming compliance may not suffice if its implications are not understood. It's essential to ensure that all parties are aware of the compliance requirements. The speaker cites experiences where inadequate clauses in LLC agreements could lead to significant complications if misunderstood. Therefore, having a thorough checklist for general business participants in joint ventures is recommended to avoid explosive provisions.