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A venture agreement is a legal contract that connects two entities—individuals or companies—to achieve a shared goal. In this video, e-Forms explains joint ventures, highlighting the differences between joint ventures and partnerships, as well as common applications and the process of creating an effective joint venture agreement. Joint ventures typically arise when parties lack the resources or capacity to achieve their objectives independently. Common uses for such agreements include real estate developments, capital investments, and construction projects. Viewers are encouraged to click a link at the video's end to fill out a tailored agreement for their needs.
