A Real Estate Joint Venture Agreement is a legal document that outlines the terms and conditions under which two or more parties agree to jointly own, manage, and develop a real estate property. The agreement outlines the legal and financial responsibilities of each party, including their rights and obligations in regard to the venture. It also outlines the details of the ownership structure, management responsibilities, and any other related issues. Real Estate Joint Venture Agreements are commonly used when two or more parties come together to purchase, develop, and manage a property for the purpose of generating income or capital. There are several types of Real Estate Joint Venture Agreements including: Development Joint Ventures, Equity Joint Ventures, Operating Joint Ventures, Tax-Deferred Exchange Joint Ventures, and Syndication Joint Ventures. Development Joint Ventures involve the purchase of land and the development of the property for the purpose of generating revenue, while Equity Joint Ventures involve the purchase of existing real estate and the shared ownership of the property. Operating Joint Ventures involve the joint ownership of a property and the management of the property, while Tax-Deferred Exchange Joint Ventures involve the deferment of capital gains taxes on the sale of a property. Lastly, Syndication Joint Ventures involve the pooling of resources from multiple investors to purchase and manage a property.