A joint venture is not one deal

It is several incentives sharing one project.

A landowner. Capital. An operator or developer. Contractors. Whoever buys at the end.

Each brings something different, and cash, risk, control, work and upside do not move between them the same way.

Who contributes what?

Who funds what?

Who controls which decisions?

Who gets paid first?

Who carries the development risk?

What happens if the timeline changes?

How is the upside divided?

How is the downside allocated?

These are the questions I want answered before I trust the structure.