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A venture agreement is a legal contract that connects two entities, whether individuals or companies, towards a common goal. This video tutorial from eForms, the largest database of fillable legal forms, explains the concept of a joint venture, highlighting the difference between joint ventures and partnerships. It discusses common applications for joint venture agreements, such as in real estate developments, capital investments, and construction. Additionally, the video outlines how to create an effective joint venture agreement tailored to specific needs, encouraging viewers to click a link to start filling out an agreement suited to their situation.