Real Estate Joint Venture Agreement (Rhode Island): FREE Template To Download, Edit & Use

Welcome to our dedicated page for the Real Estate Joint Venture Agreement Rhode Island. This is a pivotal resource for those looking to form a real estate partnership or a collaborative agreement as part of their property investment collaboration. Whether you are considering a cooperative venture or seeking a business alliance in real estate, our downloadable and editable contract will serve as an essential guide. With this resource, we aim to simplify the complexities tied to the Rhode Island real estate collaboration, joint ownership agreements, and strategic partnerships in the real estate sector. Please feel free to download and tailor this agreement to suit your unique needs.



REAL ESTATE JOINT VENTURE AGREEMENT

This Real Estate Joint Venture Agreement (“Agreement”) is made and entered into this ______ day of ________, 20___, by and between __________ (hereinafter referred to as “Party A”) and __________ (hereinafter referred to as “Party B”) (collectively referred to as the “Parties”).

ARTICLE I: FORMATION OF JOINT VENTURE

The Parties hereby form a joint venture pursuant to the Rhode Island Uniform Securities Act and the Rhode Island General Laws, in accordance with the terms and conditions of this Agreement.

ARTICLE II: PURPOSE OF JOINT VENTURE

The joint venture is established for the sole purpose of acquiring, developing, and selling a specific real estate property located at __________ (the “Property”).

ARTICLE III: CONTRIBUTIONS

Party A shall contribute the following: __________

Party B shall contribute the following: __________

ARTICLE IV: PROFITS AND LOSSES

Profits and losses shall be allocated as follows: __________

ARTICLE V: MANAGEMENT AND CONTROL

Management and control of the joint venture shall be as follows: __________

ARTICLE VI: DISSOLUTION

The joint venture shall be dissolved upon the occurrence of the following events: __________

ARTICLE VII: DISPUTE RESOLUTION

Any disputes arising out of or related to this Agreement shall be resolved in accordance with the laws of the State of Rhode Island. The Parties agree to first attempt to settle the dispute by mediation. If a dispute cannot be settled through mediation, the Parties agree to submit to binding arbitration.

ARTICLE VIII: GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of Rhode Island.

ARTICLE IX: ENTIRE AGREEMENT

This Agreement contains the entire understanding between and among the Parties and supersedes any prior understandings and agreements among them respecting the subject matter of this Agreement.

ARTICLE X: AMENDMENT

No modification, amendment or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties.

ARTICLE XI: SEVERABILITY

If any provision of this Agreement is held to be illegal, invalid, or unenforceable under any present or future law, then that provision will be fully severable. The remaining provisions will remain in full force and effect.

IN WITNESS WHEREOF

The Parties have executed this Agreement as of the date first above written.

______________________________ ______________________________
Name of Party A Name of Party B

______________________________ ______________________________
Signature Signature

______________________________ ______________________________
Date Date


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If you’re looking for resources related to real estate transactions in Rhode Island, consider exploring the Contract for Deed Template Rhode Island on ClauseClip.com, which provides a comprehensive guide for property trading.
On the other hand, if you are interested in leasing a property, check out the Contract for Rental Property Rhode Island at ClauseClip.com, which outlines all you need to know about rental agreements.
Finally, don’t forget to review the Contract for Sale of Real Estate in Rhode Island available on ClauseClip.com before entering into any real estate joint venture agreement. These resources ensure all your real estate dealings in Rhode Island are legally sound.

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