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In this tutorial by Burt on memorandums of agreement (MOAs), he explains that an MOA is a written document detailing the cooperative relationship between two parties working on a project or achieving specific objectives. It serves as a legal document outlining the terms of the partnership, being more formal than a verbal agreement but less formal than a contract. Organizations may use an MOA to establish collaborative agreements, including service partnerships or technical assistance and training, applicable regardless of financial exchanges. The typical format of an MOA includes key components necessary for outlining the agreement.
