Define: Building Development

How is Building Development defined in a legal contract?

• Building Development means the process of developing, constructing, extending, substantially upgrading any new or existing structure for various purposes. This includes business, trade, service, industry, agriculture, residence, recreation, religion, education, and other similar purposes. Infrastructure related to these structures is also included. Seen in 6 SEC filings
• Building Development means the method of changing the condition of the land to make it more usable. This is achieved by constructing or placing a building on the land. Seen in 4 SEC filings
• Building Development means the act of constructing or installing any building or structure. The building or structure is useful and requires the installation of essential utilities such as a water supply system or a sewage disposal system. Seen in 2 SEC filings
• Building Development means the process of constructing, erecting or locating a structure on any lot pursuant to a set definition outlined in a specific part of the contract. Seen in 2 SEC filings
• Building Development means the design proposal for the creation of a building or group of buildings. It includes the provision of ancillary services, site works and other related aspects. Seen in 1 SEC filing
• Building Development means the alteration of the character of land from its existing state. This is achieved by constructing or placing one or more buildings on the land, and/or changing the character of an existing structure. The change is done for purposes like rental, condominium conveyance, or combined business and residential use. It does not include the construction of customary outbuildings such as garages, sheds, and barns, residential building additions not involving rental units or condominiums, and building additions for cottage industry. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of building development' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Building Development means constructing or upgrading structures on a specific land for varying purposes.

Relevant Contract Types

• Real Estate Development Agreement
• Commercial Lease Agreement
• Construction Contract

Relevant Circumstances

• Purchasing land for development
• Initiating a new construction project
• Upgrading an existing building or infrastructure.

Relevant Sectors

• Real Estate
• Construction
• Infrastructure

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Genie Definition 2

• Building Development means altering the character of land by constructing or placing one or more buildings on it.

Relevant Contract Types

• Land Development Agreement
• Residential Lease Agreement
• Architectural Services Agreement

Relevant Circumstances

• Restructuring or redeveloping an existing property
• Planning for urban development
• Expansion or alteration of existing structures on the land.

Relevant Sectors

• Urban Development
• Architecture
• Property Management

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