Joint Venture at Real Estate Glossary

What is it? The joining of two or more people to conduct a specific business enterprise. A joint venture is similar to a partnership in that it must be created by agreement between the parties to share in the losses and profits of the venture. It is unlike a partners

Real Estate Definition Added By: Audrey

Send To Friends!

If you'd like to send the Joint Venture definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Joint Venture. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Loan Commitment is A lenders agreement to lend a specified amount of money which must be exercised within a set time limit.

Real Estate Term Workers Compensation Acts is Laws that require an employer to obtain insurance coverage to protect his or her employees who are injured in the course of their employment.

Real Estate Term Antitrust Laws is State and federal laws designed to maintain and preserve business competition. The Sherman Antitrust Act (1890) is the principal federal statute covering competition, which is defined by most courts as that economic condition in which prices are determin

Real Estate Term Dentils is Small rectangular blocks that project from a building, usually under cornices or along rooflines.

Real Estate Term Comparables is Properties used as comparisons to determine the value of a certain property.