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A joint venture agreement is a legal contract between two entities, such as individuals or companies, aiming for a shared goal. This video by e-Forms, the largest database of fillable legal forms, addresses key concepts related to joint ventures, including their distinction from partnerships, common applications, and guidance on creating effective agreements. Joint ventures typically arise when parties lack the necessary resources or capabilities individually to achieve their objectives. Common uses for joint ventures include real estate development, capital investments, and construction projects. Click the link at the end of the video to access a customizable joint venture agreement.
