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A joint venture agreement is a legal contract between two entities, such as individuals or companies, aimed at achieving a common goal. This video by e-forms, the largest database of fillable legal forms, explains the concept of joint ventures, differentiating them from partnerships. It outlines common applications for these agreements, like real estate development, capital investments, and construction projects. Additionally, the tutorial provides guidance on how to create an effective joint venture agreement tailored to specific needs. Viewers can access a link at the end of the video to begin drafting their own agreement.
