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Joint Venture Agreement For Real Estate Investing
"I need a Joint Venture Agreement For Real Estate Investing between my property development company and a foreign investor who wants to contribute £5 million for acquiring and developing residential properties in Manchester, with the venture starting in March 2025."
1. Parties: Identification and details of all parties entering the JV
2. Background: Context and purpose of the JV arrangement
3. Definitions: Key terms used throughout the agreement
4. Business of the JV: Scope and nature of the joint venture's activities
5. Capital Contributions: Initial and ongoing financial commitments of each party
6. Management Structure: Decision-making processes and management responsibilities
7. Profit Distribution: How profits and losses will be shared
8. Duration and Termination: Term of the JV and circumstances for termination
1. Non-Compete Provisions: Restrictions on parties competing with the JV - used when parties have competing interests in similar markets
2. Intellectual Property Rights: Ownership and use of IP in the JV - included when JV involves creation or use of intellectual property
3. Exit Strategy: Mechanisms for parties to exit the JV - recommended for longer-term JVs or where parties want clear exit options
1. Property Schedule: Details of properties owned or targeted by the JV
2. Business Plan: Detailed operational and financial projections
3. Management Procedures: Detailed procedures for day-to-day management
4. Capital Contributions Schedule: Detailed breakdown of each party's contributions
5. Deed of Adherence: Template for admitting new parties to the JV
Authors
Additional Capital Contribution
Agreed Property Strategy
Annual Budget
Assets
Board
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Completion
Confidential Information
Control
Default Event
Default Notice
Development Property
Effective Date
Encumbrance
Fair Market Value
Financial Year
Force Majeure Event
Group
Initial Capital Contribution
Initial Property Portfolio
Investment Committee
Investment Period
Joint Venture
JV Property
Key Person
Management Agreement
Manager
Material Adverse Change
Member
Operating Costs
Parties
Permitted Transfer
Project
Property Management Agreement
Property Manager
Relevant Percentage
Reserved Matters
SDLT
Share
Shareholder
Target Property
Term
Territory
Transfer
Valuation
VAT
Capital Contributions
Property Acquisition
Management and Control
Decision Making
Reserved Matters
Profit Distribution
Loss Allocation
Transfer Restrictions
Exit Rights
Deadlock Resolution
Property Management
Development Rights
Confidentiality
Non-Competition
Intellectual Property
Representations and Warranties
Term and Termination
Default and Remedies
Force Majeure
Assignment
Amendments
Notices
Dispute Resolution
Governing Law
Further Assurance
Entire Agreement
Severability
Costs and Expenses
VAT and Taxation
Anti-Money Laundering
Insurance
Environmental Compliance
Planning and Development
Property Maintenance
First Refusal Rights
Tag-Along Rights
Drag-Along Rights
Business Plan Requirements
Financial Reporting
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