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A joint venture agreement is a legal contract between two entities, either individuals or companies, aimed at achieving a shared goal. This video from e-forms, the largest database of fillable legal forms, explains the concept of joint ventures, distinguishing them from partnerships. It highlights common uses for joint ventures, such as in real estate developments, capital investments, and construction projects. The video also provides guidance on how to create an effective joint venture agreement tailored to specific needs. Viewers are encouraged to click the link at the end to start filling out an agreement that fits their situation.