Draft Joint Venture Agreement in Delaware for Energy & Mining Business
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Joint Venture Agreement
Delaware
Business
Energy & Mining
A week
$950 - $1800 (Flat fee)
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Lawyers that Bid on this Joint Venture Agreement Project
Associate Counsel
5 years practicing
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Contract, E-Commerce Attorney & Dispute Resolution Specialists
23 years practicing
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40 years practicing
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8 years practicing
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Other Lawyers that Help with Joint Venture Agreement Projects
Attorney & Notary Public
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Joint Venture Agreement
Texas
Can a JV own property?
I am currently in talks with another company to form a joint venture (JV) for a real estate development project. We are planning to pool our resources together to purchase land and build properties. However, I am uncertain if a JV can legally own property or if we would need to form a separate legal entity for the ownership of the real estate. I would appreciate the guidance of a lawyer on this matter.
Jimmy V.
A joint venture can own property. It's a type of partnership. But in a partnership, each partner is liable for anything the other partner does. You would be much better off setting up as an LLC. PS For more information about business entities, download a free copy of my ebook "Should Your Small Business Become a Corporation or an LLC? A Look at Liabilities, State & Federal Taxation & More!" from my website types-of-business-ownership.com
Joint Venture Agreement
Texas
What's normal term in a joint venture?
I am currently in discussions with another company to form a joint venture to pursue a business opportunity. As part of our negotiations, we are trying to determine the appropriate term for the joint venture, including the duration of the joint venture and the conditions under which it can be extended or terminated. However, I am unclear on what is considered a normal or typical term for a joint venture, and what factors should be considered when determining the length of the venture. Therefore, I would like to seek the advice of a lawyer to guide me through the process of negotiating the term of the joint venture and to ensure that the terms are legally sound and meet my needs.
Jimmy V.
A joint venture is a partnership organized for a specific purpose. Let's say that you formed a joint venture to renovate a house and sell it. The joint venture ends once the project is completed. In this case the joint venture would end when you sold the house, PS For more information about business entities, download a free copy of my ebook "Should Your Small Business Become a Corporation or an LLC? A Look at Liabilities, State & Federal Taxation & More!" from my website types-of-business-ownership.com PS For more information about business entities, download a free copy of my ebook "Should Your Small Business Become a Corporation or an LLC? A Look at Liabilities, State & Federal Taxation & More!" from my website types-of-business-ownership.com