A Joint Venture Agreement for Construction is a document which defines the responsibilities and legal obligations of two or more parties when coming together to undertake a construction project. This agreement outlines all important information, such as the goals and expectations of each party involved, their roles and responsibilities, and any legal aspects that need to be taken into account. It also acknowledges the risks involved and provides details on how any disputes will be handled. As all parties have a vested interest in the project’s success, having a detailed agreement in place is essential for ensuring it runs smoothly and both parties are satisfied with the outcome.