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A joint venture agreement is a legal contract that combines two entities—individuals or companies—aiming for a shared goal. This video from e-forms, the largest database of fillable legal forms, explains joint ventures, how they differ from partnerships, their common applications, and guidance on drafting an effective agreement. Joint ventures are typically formed when the involved parties lack the necessary resources to achieve objectives independently. Common applications include real estate developments, capital investments, and construction projects. Viewers can click a link at the video’s end to access tailored joint venture agreement templates.
