Shannon B. asked
Does a Joint Venture Agreement automatically confer Power of Attorney to one party of the JV to act on behalf of the other party if it is worded like this: "(party #1) shall have the authority, without the need to consult (party #2) to plan, rehabilitate, construct and sell the real property located at..."? Can my partner in the JV sell the property to which I have title without my consent and expressly against my will just because the JV says that she doesn't need to consult me about such sale?
October 6th, 2024
Grant M. answered
The language in the Joint Venture Agreement appears to grant broad authority to one party (party #1)...
October 6th, 2024
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