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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 from eForms, the largest database of fillable legal forms, explains joint ventures, differentiates them from partnerships, and outlines their common applications. Joint ventures allow parties to combine resources to accomplish objectives that they couldn't achieve alone. Common uses include real estate development, capital investments, and construction projects. Viewers are encouraged to click a link at the end of the video to start creating a tailored joint venture agreement.