About A. CRE Legal Contibutor: Ronald Rohde has over ten years of legal experience in real estate transactions, leasing and investment. He received his bachelor`s degree from Cornell University and his doctor of laws from the University of Miami. Many countries impose restrictions on foreigners entering the domestic real estate market. In such cases, the creation of a joint venture contract with a national company is often the only way to enter the country. A real estate joint venture (JV) is an agreement between several parties to work together and combine resources to develop a real estate project. Most major projects are financed and developed by real estate joint ventures. JVs allow real estate operators (individuals with extensive experience in managing real estate projects) to cooperate with real estate investors (companies that can provide capital for a real estate project). Spencer`s note: This is another contribution to a growing section we call “A.CRE Legal.” One of Texas` top real estate lawyers, Ronald Rohde, kindly offered to share his time and expertise and open his library to the A`s public. CRE with real estate law models. Click here to learn more about Ron or contact him directly. A JV real estate agreement has the following factors: a joint venture agreement also allows companies to participate in investment projects in which they would not normally be able to participate. First, it allows a company (original company) to invest in projects in other countries by launching a joint venture with a local partner.
In this case, the original company can be either the operating partner or the main partner. Many thanks also to Matthew Green for his contribution to Ron`s video debate on real estate partnership contracts. In the video below, Ron Rohde talks about partnership agreements with Matthew Green, an experienced real estate acquisition professional. A partnership consists of two or more people who do business together to achieve a common benefit. A partnership is governed by a partnership agreement and, unlike a joint venture, it usually exists for as long as the partners wish. In order to start discussing a “model” partnership agreement, I need to clarify the parameters of my assumptions.. . . .