Analysis of Legal Responsibilities in Joint Ventures

Author Note: ART-IS-ZEN® architecture & engineering 2605 S Decatur Blvd, Ste 123 Box 101 Las Vegas, NV 89102-8591 www.art-is-zen.com Abstract Joint Ventures combine the expertise and resources of multiple parties to perform construction projects. Contract agreements between owners, architects, engineers and contractors must clearly define the scope of work along with the roles and contributions of each party. The terms must be negotiated, agreed upon, and enforceable. New technologies and the collective experience provide opportunities for collaborative partnerships. With increased complexity, shorter timelines, and tighter budgets, legally binding documents are essential to successful project completion. Mutual understanding of contractual obligations.

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