Key Aspects of a Real Estate Joint Venture Agreement
Here are some fundamental aspects that we will discuss and agree upon before we move forward with our joint venture.
1
Distribution of profits: For the joint venture, the distribution of profits determines how each member will distribute profits generated from the completed project.
2
Capital contribution: Determines and specifies the exact amount of capital contribution expected from each member, both in financial contribution and management labor hours.
3
Management and control: A Joint Venture agreement is expected to specify in detail the exact structure of the joint venture and the responsibilities of both parties regarding the management of the Real Estate Joint Venture Project.
