Joint venture Flashcards
(4 cards)
1
Q
Is a joint venture a temporary or permanent business arrangement?
A
temporary
Joint ventures are typically formed for a specific project or time period.
2
Q
Is a written agreement required for a joint venture?
A
No
3
Q
Is a joint venture registered with the DBPR as a real estate brokerage?
A
No
4
Q
Who can create a joint venture in real estate?
A
Only brokers
