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A joint venture agreement is a legal contract between two entities pursuing a common goal. This video from e-forms, the largest database of fillable legal forms, will explain what a joint venture is, its distinction from a partnership, common uses, and how to create an effective joint venture agreement. Joint ventures typically occur when entities lack the individual resources or capacity to achieve specific objectives, allowing them to collaborate on projects they couldn't handle alone. Common applications include real estate developments, capital investments, and construction. For personalized assistance, viewers are encouraged to click the link at the video’s end to fill out an agreement tailored to their needs.
