Rowlett Real Estate School - Joint Venture - Florida Real Estate

A joint venture (or joint adventure) is a temporary form of business arrangement often encountered in the real estate business. The joint venture structure is normally used when two or more parties combine their efforts to complete a single business transaction or a fixed number of business transactions. No written agreements are required for the formation of a joint venture. The rights, duties, and obligations of joint venturers are similar to those of partners in a partnership, except that they are restricted to the transaction for which the joint venture was formed. Real estate brokers often combine their efforts in real estate transactions to create a joint venture. A joint venture, when composed of separate real estate brokers, can broker real property. In such a case, the joint venture would not be required to register with the DBPR because each of the individuals is registered and licensed. If two parties form a joint venture to provide real estate services for compensation, both parties must be licensed real estate brokers.
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Rowlett Real Estate School is a family-owned and operated, FREC-approved, fully-accredited Florida real estate school based in the Panhandle of Florida. We specialize in educating and assisting students with all aspects of obtaining/maintaining their Florida real estate license. Providing excellent customer service is our top priority. Above all, we understand the importance of making ourselves available to our students. As a result, you may reach our instructors during regular business hours. Likewise, our knowledgeable staff is available after hours, weekends, and holidays.

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