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Joint Venture real estate business agreement which can make you a ton of money brother. an, Exercises of Real Estate Management

Des Moines Area Community College (DMACC)Real Estate Management

This Is a Joint Venture that I am uploading. Best document beautiful one anyone can use it to do JV real Estate and is a good one. It can be used for real estate.

Typology: Exercises

2023/2024

Uploaded on 05/07/2025

ehsan-shaban
ehsan-shaban 🇺🇸

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JOINT VENTURE AGREEMENT
I. THE PARTIES. This Joint Venture Agreement (“Agreement”) dated on April 16 2025 (“Effective
Date”) is between:
Party A: Ehsanullah Shaban, with a mailing address of 9921 Sumerlin St, Houston, Texas,
77075 (“Party A”), and
Party B: Area Property Services (“Party B”).
Party A and Party B are each referred to herein as a “Party” and, collectively, as the "Parties."
II. JOINT VENTURE. The Parties agree to a mutually benefiting relationship for the purpose of:
Party A and Party B agree to engage in selling the Property: 12839 Aste Ln, Houston, Texas 77065 to
the Buyer: Sound Home Buyers.
Hereinafter known as the “Joint Venture.”
III. MANAGEMENT. The Joint Venture will be managed by the operating member.
IV. PARTNERS’ DUTIES. Each Party agrees to bear the responsibility of the following duties during
the Term of the Joint Venture:
Party A: Introduce the Buyer to Party A
Party B: Party B has the following obligations: Close the Deal
V. OWNERSHIP & PROFIT-SHARING. Ownership and Profit-Sharing are not applicable to the
Joint Venture.
VI. NON-COMPETE. Each Party shall be not restricted to withhold from participating in similar
business activities as the Joint Venture.
VII. CONTRIBUTIONS. There are no specific capital contributions that will be made at this time
unless otherwise mentioned in this Agreement.
Hereinafter known as the “Contributions."
VIII. TERMINATION. This Agreement shall start on the Effective Date and terminate: This
Agreement will terminate upon: Closure of the deal and payment of the shares.
Hereinafter known as the “Term.”
IX. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the
laws located in the State of Texas (“Governing Law”).
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Download Joint Venture real estate business agreement which can make you a ton of money brother. an and more Exercises Real Estate Management in PDF only on Docsity!

JOINT VENTURE AGREEMENT

I. THE PARTIES. This Joint Venture Agreement (“Agreement”) dated on April 16 2025 (“Effective Date”) is between: Party A: Ehsanullah Shaban, with a mailing address of 9921 Sumerlin St, Houston, Texas, 77075 (“Party A”), and Party B: Area Property Services (“Party B”). Party A and Party B are each referred to herein as a “Party” and, collectively, as the "Parties." II. JOINT VENTURE. The Parties agree to a mutually benefiting relationship for the purpose of: Party A and Party B agree to engage in selling the Property: 12839 Aste Ln, Houston, Texas 77065 to the Buyer: Sound Home Buyers. Hereinafter known as the “Joint Venture.” III. MANAGEMENT. The Joint Venture will be managed by the operating member. IV. PARTNERS’ DUTIES. Each Party agrees to bear the responsibility of the following duties during the Term of the Joint Venture: Party A: Introduce the Buyer to Party A Party B: Party B has the following obligations: Close the Deal V. OWNERSHIP & PROFIT-SHARING. Ownership and Profit-Sharing are not applicable to the Joint Venture. VI. NON-COMPETE. Each Party shall be not restricted to withhold from participating in similar business activities as the Joint Venture. VII. CONTRIBUTIONS. There are no specific capital contributions that will be made at this time unless otherwise mentioned in this Agreement. Hereinafter known as the “Contributions." VIII. TERMINATION. This Agreement shall start on the Effective Date and terminate: This Agreement will terminate upon: Closure of the deal and payment of the shares. Hereinafter known as the “Term.” IX. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws located in the State of Texas (“Governing Law”).

X. DISPUTES. The Partners agree to resolve any dispute arising out of this Agreement through polite interactions and negotiations. If any dispute cannot be resolved by negotiation within ninety (90) days, the Partners involved shall enter mediation in accordance with the rules under Governing Law. If said mediation is not successful in resolving the dispute or is not applicable, any outstanding issues will be submitted to final and binding arbitration under the rules of the American Arbitration Association. The arbitrator’s award shall be final, and judgment may be entered upon it by any court having proper jurisdiction within the Governing Law. XI. ACKNOWLEDGMENTS. Each Party makes the following acknowledgments in this Agreement: a.) Mutually Benefiting. The Agreement does not constitute nor should be recognized as a partnership agreement, but as mutually benefiting terms for the purpose of the Joint Venture. b.) Confidentiality. Beginning on the Effective Date, both Parties shall be obligated to withhold sharing any proprietary information of each Party or of any details related to the Joint Venture ("Confidential Information"). Such Confidential Information shall include, but not be limited to, documents, plans, data, reports, concepts, strategies, finances, specifications, customer lists, pricing, sales, charts, profiles, goals, and any other related business activity. The Parties agree not to disclose, in any manner, Confidential Information in perpetuity or the longest period allowed under Governing Law. Each Party recognizes that any violation of this section that consists of sharing Confidential Information shall give rise to irreparable harm for which damages would not be an adequate remedy. Therefore, in addition to any other legal remedies which may be available in law or in equity, the affected Party shall be entitled to equitable or injunctive relief against the unauthorized use or disclosure of Confidential Information. Such a breach shall consequently award the affected Party to recover its Attorney’s fees and costs due to excising their rights under this Agreement. c.) Notices. All notices under this Agreement must be in writing and sent to the Party's mailing address mentioned in Section I. Such notices must be sent in any of the following methods: i. Delivery in-person; ii. Overnight courier service; or iii. Certified or registered mail that includes a return receipt. d.) Amendments. This Agreement may only be amended or modified by written agreement and approval of both Parties. e.) Assignment. No Party shall have the right to delegate or assign its duties under this Agreement without the prior written consent of both Parties. This includes any potential sale of the Joint Venture, which both Parties must agree to such terms. XII. SEVERABILITY. If any provision of this Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities, or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law.