About
About
The Joint Venture (JV) model is built with a sole focus on the ownership group.
The structure and details of a typical joint venture are:
- Licensed in the state business is conducted
- Ownership is split between NexTitle and its invited partners
- Business valuation and buy-in cost depend on:
- Access to title resources
- Business life cycle
- Alignment with NexTitle culture and core values required
- Federally recognized as an Affiliated Business Arrangement requiring adherence and compliance with Real Estate Settlement Procedures Act (RESPA)
- Sufficient operating cash reserve