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USA Joint Venture Agreement for the Purchase of a Mortgage

Prepare a Joint Venture Agreement for the Purchase of a Mortgage with this template for the USA.
  • The Agreement establishes a joint venture between several parties who 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.
This USA Joint Venture Agreement for the Purchase of a Mortgage is provided in MS Word format, and is fully editable to suit your specific needs.

Download: USA Joint Venture Agreement for the Purchase of a Mortgage

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