This Joint Venture Agreement (“Agreement”) is made and entered into as of by and between:
Party A:
Address:
Party B:
Address:
The purpose of this Agreement is to set forth the terms and conditions under which the Parties will cooperate in the acquisition, ownership, operation, management, and disposition of the following real estate property (the “Property”):
| Party | Contribution Amount | Type (Cash/Property/Other) | Date Due |
|---|---|---|---|
| Party A | |||
| Party B |
Profits and losses shall be allocated as follows:
A Joint Venture bank account shall be established at , with signing authority as follows:
No party may transfer or assign its interest in the Joint Venture without prior written consent of the other party(ies).