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Joint Venture Agreement
THIS AGREEMENT, entered into on the ____ day of ______________ 20__ by___ (INSERT OTHER WHOLESALERS NAME OR BUSINESS HERE) whose address is (INSERT OTHER WHOLESALERS NAME OR BUSINESS ADDRESS HERE) and (INSERT YOUR NAME OR BUSINESS NAME HERE). Both may be referred to as “Parties.”
RECITALS
WHEREAS, the parties desire to joint venture regarding the property located at: (INSERT FULL PROPERTY ADDRESS HERE).
WHEREAS, the parties desire to set forth the division of property to be maintained in the above referenced matter.
NOW THEREFORE, in consideration of the promises and covenants contained herewith, the parties agree as follows:
1. Parties hereby agree that the above forms the basis of this agreement.
2. The Parties hereby agree and understand that should the Purchase and Sales Agreement Contract dated (ENTER CONTRACT DATE), and its subsequent resale, not close for this property, for any reason not caused by the Parties of this agreement, this agreement will be null and void and all parties are relieved of their responsibilities.
3. The Parties hereby agree that any and all profits derived from the sale of the above referenced property shall be shared. Profit shall mean funds remaining after the payment of all expenses, including but not limited to expenses of fixup, selling expenses, attorney fees, closing costs and other direct and indirect expenses associated with the development and sale of the property. (INSERT OTHER WHOLESALERS NAME OR BUSINESS HERE) will receive 50% (fifty percent) of the net profit and (INSERT YOUR NAME OR BUSINESS NAME HERE) will receive 50% (fifty percent) of the net profit and proceeds of the sale.
4. Parties hereby agree that in the event of any litigation arising out of this Agreement the prevailing party shall be entitled to attorney fees. By: ___OTHER PARTY__________ By: ______YOUR SIGNATURE __________ Name and Title YOUR NAME AND TITLE
Signature:
Email:
Mark Crutcher (march, 2015)
Mark Crutcher
[email protected] If you just want a good home enough, i can get a good one for you.
— MARK S CRUTCHER
THIS AGREEMENT, entered into on the ____ day of ______________ 20__ by___ (INSERT OTHER WHOLESALERS NAME OR BUSINESS HERE) whose address is (INSERT OTHER WHOLESALERS NAME OR BUSINESS ADDRESS HERE) and (INSERT YOUR NAME OR BUSINESS NAME HERE). Both may be referred to as “Parties.”
RECITALS
WHEREAS, the parties desire to joint venture regarding the property located at: (INSERT FULL PROPERTY ADDRESS HERE).
WHEREAS, the parties desire to set forth the division of property to be maintained in the above referenced matter.
NOW THEREFORE, in consideration of the promises and covenants contained herewith, the parties agree as follows:
1. Parties hereby agree that the above forms the basis of this agreement.
2. The Parties hereby agree and understand that should the Purchase and Sales Agreement Contract dated (ENTER CONTRACT DATE), and its subsequent resale, not close for this property, for any reason not caused by the Parties of this agreement, this agreement will be null and void and all parties are relieved of their responsibilities.
3. The Parties hereby agree that any and all profits derived from the sale of the above referenced property shall be shared. Profit shall mean funds remaining after the payment of all expenses, including but not limited to expenses of fixup, selling expenses, attorney fees, closing costs and other direct and indirect expenses associated with the development and sale of the property. (INSERT OTHER WHOLESALERS NAME OR BUSINESS HERE) will receive 50% (fifty percent) of the net profit and (INSERT YOUR NAME OR BUSINESS NAME HERE) will receive 50% (fifty percent) of the net profit and proceeds of the sale.
4. Parties hereby agree that in the event of any litigation arising out of this Agreement the prevailing party shall be entitled to attorney fees. By: ___OTHER PARTY__________ By: ______YOUR SIGNATURE __________ Name and Title YOUR NAME AND TITLE
Signature:
Email:
Mark Crutcher (march, 2015)
Mark Crutcher
[email protected] If you just want a good home enough, i can get a good one for you.
— MARK S CRUTCHER