Picture of Joint Venture Agreement to Purchase Mortgage | USA Picture of Joint Venture Agreement to Purchase Mortgage | USA

Joint Venture Agreement to Purchase Mortgage | USA

Prepare a Joint Venture Agreement for a venture being set up to purchase a mortgage using this digital template for the USA.

  • The parties are jointly purchasing a promissory note secured by a mortgage or deed of trust.
  • Each party shall contribute a specified amount of capital, and make additional contributions as required.
  • Each party is entitled to revenues in proportion to their respective interests.
  • Decisions require the approval of all venturers.
  • The joint venture will not maintain a bank account in its own name, but will use a mortgage servicing company to collect payments and make distributions.
  • The parties appoint an attorney in fact to effect the purchase of a suitable mortgage.
  • Available in MS Word format.
  • Intended to be used only in the United States.
Document Type: Microsoft Word
Last Updated: 30-March-2024
SKU: 7301
$14.99
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