Skip to main content
All CollectionsAI SkillsAI Skills: Step-By-Step Guides
AI Skills: Joint Venture Agreement Review
AI Skills: Joint Venture Agreement Review

Understand the inputs required and expected output of the Joint Venture Agreement Review Skill.

Caroline Riley avatar
Written by Caroline Riley
Updated over a year ago

The Joint Venture Agreement Review skill ingests a joint venture agreement between two separate entities creating a joint venture. This skill produces an executive summary in an easily ingestible format to understand best practice questions about the document. Additionally, the Joint Venture Agreement Review skill allows the user to ask up to three (3) unique questions about the document.

Specifically, the Joint Venture Agreement Review produces analysis on the following sections of the uploaded document:

  • Partnership Structure

  • Facilities

  • Capital Contributions

  • Promote Structure

  • Profit and Loss Allocation

  • Management and Control

  • Decision Making

  • Exit Strategy

  • Dispute Resolution

  • Risk Allocation

  • Transfer of Interest

  • Reporting

  • Default and Remedies

  • Term and Terminations

  • Confidentiality

  • Compliance with Laws and Regulations

  • Insurance Requirements

  • Force Majeure

  • Indemnification

To use this Skill, you must have a lease agreement document for a senior housing community available to upload to the Skills module. Acceptable file formats include: .docx, .pdf, or .txt files. Please avoid scanned documents if possible as they may have trouble having their text recognized correctly.

To run this Skill:

  1. Click "Continue" to acknowledge that you understand the upload requirements of the Skill.

  2. Upload your desired joint venture agreement document.

  3. Input a question about the agreement into the blank text box or choose "Skip."

  4. Input a second question about the agreement into the blank text box or choose "Skip."

  5. Input a third question about the agreement into the blank text box or choose "Skip."

  6. The analysis of your joint venture agreement will likely take several minutes. You can navigate away from the page while AI Skills analyzes your document. To download the output to a word document, select the "Download" button at the top or bottom of the output.

PLEASE NOTE: This content has been generated by NIC MAP Vision's Automations Platform and is only intended to be a first draft. It must be reviewed by a trained professional to ensure accuracy and compliance with all applicable laws and regulations.


โ€‹

Did this answer your question?