Surrey Joint Venture Lawyer

What is a Joint Venture?

Contractual Joint Ventures are not intended to be separate legal entities, but rather to act as separate economic entities only.  A joint venture is an agreement between the owners (Joint Ventures), and is a legal relationship.

In order for a joint venture to exist the following conditions must exist:

  • financial contribution
  • property
  • effort
  • knowledge or asset to a common undertaking
  • joint property interests subject to the venture
  • mutual control or management
  • expectation of profit, right to participate in profit
  • a contractual basis

Contact us if you need help setting up a joint venture. 

 

Not Legal Advice: The information on our website is for information only and should not be taken as legal advice.  Professional legal advice should always be sought in all areas discussed on this website.