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A joint venture agreement is a legal contract between two entities, such as individuals or companies, aiming to achieve a common goal. eForms, the largest database of fillable legal forms, provides guidance on navigating contracts and official documents. This video tutorial discusses the definition of a joint venture, distinguishes it from a partnership, and highlights common applications like real estate development, capital investments, and construction. It also explains how to create a tailored joint venture agreement. Viewers are encouraged to click a link at the end of the video to initiate the process of filling out a suitable agreement for their needs.