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Joint Property Development Agreement
"Need a Joint Property Development Agreement for a mixed-use development project in Manchester where my company (as the developer) will partner with a landowner and an investment firm, with an expected project value of £25M and construction start date of March 2025."
1. Parties: Details of all parties involved in the development agreement
2. Background: Context of the development and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Project Description: Detailed description of the development project, including scope and objectives
5. Roles and Responsibilities: Specific duties and obligations of each party in the development
6. Financial Terms: Cost sharing, profit distribution, funding arrangements and payment terms
7. Timeline and Project Management: Project milestones, completion dates, and management structure
8. Planning and Approvals: Requirements for obtaining necessary permissions and compliance with regulations
9. Construction Standards: Quality standards, building regulations compliance and construction requirements
10. Insurance and Liability: Insurance requirements and allocation of risks between parties
11. Default and Termination: Consequences of breach and conditions for agreement termination
12. Dispute Resolution: Procedures for resolving disputes between parties
13. General Provisions: Miscellaneous legal provisions including notices, assignments and amendments
1. Pre-Development Conditions: Specific conditions that must be satisfied before development can commence
2. Environmental Provisions: Environmental requirements, protections and compliance measures
3. Third Party Rights: Rights and obligations relating to neighboring properties and affected parties
4. Intellectual Property Rights: Ownership and usage rights for project designs and documentation
5. Marketing and Branding: Arrangements for marketing the development and use of branding
1. Property Description Schedule: Detailed description of the development site including plans and title information
2. Development Plans Schedule: Architectural drawings, specifications and technical details
3. Cost Schedule: Detailed breakdown of projected costs and budget allocation
4. Project Timeline Schedule: Detailed project program with key dates and milestones
5. Planning Permissions Schedule: Copies of relevant planning permissions and conditions
6. Professional Team Schedule: Details of appointed consultants, contractors and professional advisers
7. Financial Models Schedule: Agreed financial projections and profit-sharing calculations
Authors
Applicable Laws
Approved Plans
Architect
Building Contract
Building Contractor
Business Day
Completion Date
Confidential Information
Construction Costs
Construction Period
Development
Development Costs
Development Period
Development Property
Development Specification
Development Works
Effective Date
Environmental Laws
Force Majeure Event
Funding Agreement
Good Industry Practice
Intellectual Property Rights
Land
Material Adverse Effect
Net Development Value
Planning Permission
Professional Team
Project
Project Account
Project Manager
Property
Practical Completion
Profit
Project Documents
Relevant Consents
Site
Statutory Requirements
Target Date
Term
Title Documents
Vacant Possession
Warranties
Conditions Precedent
Project Management
Development Obligations
Planning and Consents
Construction Obligations
Financial Provisions
Profit Sharing
Cost Sharing
Project Account
Site Access
Insurance
Health and Safety
Environmental Compliance
Intellectual Property
Confidentiality
Decision Making
Default and Termination
Force Majeure
Assignment and Transfer
Dispute Resolution
Warranties and Representations
Liability and Indemnities
Professional Team Appointment
Variations
Duration and Term
Completion Requirements
Records and Reporting
Title Matters
Third Party Rights
Notices
Entire Agreement
Severability
Governing Law and Jurisdiction
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