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Burt from Act Notes Tutorials provides a quick tutorial on the Memorandum of Agreement (MOA). An MOA is a written document that outlines a cooperative relationship between two parties working together on a project or objective. It serves as a legal document detailing the terms of the partnership agreement. The MOA is more formal than a verbal agreement but less formal than a contract. Organizations can use an MOA to establish collaborative agreements, including service partnerships, technical assistance, and training. Money may or may not be exchanged in an MOA. The typical format includes details of the parties involved and the objectives of the agreement.
