How can you identify deal-breakers in a joint venture agreement?
Joint ventures are common in real estate development, as they allow partners to share risks, resources, and expertise. However, not all joint ventures are successful, and some can end up in costly disputes or failures. To avoid these pitfalls, you need to identify and avoid deal-breakers in a joint venture agreement. These are the terms or conditions that would make you walk away from a potential partnership, or terminate an existing one. In this article, we will discuss how you can identify deal-breakers in a joint venture agreement, and what to do if you encounter them.