Split commissions with JV's - how to go about doing that?

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I want to partner up with owners of huge blog sites and promote my offers (cpa, affiliate - NOT my own product as I don't have one) to their blog visitors, in return I will offer them 50% commission on TOTAL SALES made.

It's just that the technical aspect of this method confuses me.

Do I need some kind of legal agreement between me and the blog owner?

What about link tracking?

And most importantly, how do I let the blog owner know how much our joint venture has earned us in total, so we can split commissions later.

Is there even some automated way to split commissions? What options do I have? Again, I will be promoting cpa and affiliate offers (Not own products - so I don't have my own affiliate program or something)
#50% #commission #commissions #offer #partners #split

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