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What Questions Do You Need To Ask For a Joint Venture Agreement? Attorney Victor Maas Explains - https://maaslawfirm.com/joint-venture...

Most of the time investors would like us to review their joint venture agreement prior to jumping in. And investors also like to use our standard agreement and adjust it to their liking, just to have something official and in contract for their real estate ventures with other partners. It is important that before you get tied up in a legal obligation, that you explore the options that you have and the risks that you are taking. It is safe for you to consult with an attorney legally for an hourly rate, rather than risk the outcome of things which you are not aware of.

A lot of time people have good intentions when they start a real estate venture or sign a contract. You do not normally expect the worst. Victor has been investing since 2003 and has established standard contracts of his own, that work in partnership agreements and other real estate endeavors.

Common Questions when signing a joint venture agreement

Here are some of the things that we can help you with.
Is this a good investment property?
What am I legally going to be responsible for?
How much could I possibly lose in this transaction?
What is the worst outcome, and what are my legal options in case that happens?
Do I need to outline specifics?
Are verbal contracts going to stand up in court?
Can we partner 70/30 on the profits?
What's the worst that could happen?

More about Maas Law Firm:
We are a San Antonio real estate law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills & Estates, Probate & Administration, and LLC Formations. If you need help assessing your case give our office a call.

Victor has been doing real estate transactions as a lawyer since 2002 and as an investor himself since 2003. There are a lot of nuances with real estate and we hope that if you have any questions to contact us during regular business hours. Along with being a Real Estate Attorney, Victor is also a Real Estate Broker, making his expertise long standing and efficient.