A joint venture is a commercial relationship between two or more parties in relation to a one off property development or a business venture as opposed to a continuing commercial relationship.

Like any other commercial relationship it is important to set out the parameters and the best structure for the joint venture, whether it be a company or a trust and then for each party’s rights, obligations and responsibilities to be identified and documented.

At Solari & Stock we can assist in preparing or advising you in relation to Joint Venture Agreements regulating any joint venture you are about to embark upon.