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A joint venture agreement is a legal contract uniting two entities to pursue a common goal. This tutorial by e-forms, the largest database of fillable legal forms, explains joint ventures, differentiating them from partnerships, and outlines their common uses, such as in real estate developments, capital investments, and construction. The video guides viewers on how to create an effective joint venture agreement tailored to their needs. By collaborating, the entities can achieve objectives they couldn't accomplish individually. At the end, viewers can find a link to start filling out a suitable agreement for their specific situation.