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A joint venture agreement is a legal contract between two entities, such as individuals or companies, aimed at achieving a shared goal. In this video, the focus is on defining joint ventures, distinguishing them from partnerships, and identifying their common uses, such as in real estate developments, capital investments, and construction projects. The tutorial offers guidance on creating an effective joint venture agreement tailored to specific needs. Viewers are encouraged to click a link at the video's end to access a customizable agreement template. Overall, the video aims to simplify the process of understanding and creating joint ventures for various purposes.
