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A venture agreement is a legal contract uniting entities to pursue a common goal. This tutorial from e-forms, the largest database of fillable legal forms, explains joint ventures, their distinction from partnerships, common uses, and how to create effective agreements. Joint ventures are formed when two parties lack the individual capacity or resources to achieve a goal, allowing them to accomplish objectives collectively. Common applications include real estate development, capital investments, and construction projects. For personalized assistance, viewers can click the link at the video's end to access a suitable agreement template.
