Define: Development Land

The meaning of “Development Land” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Development Land defined in a legal contract?

  • Development Land means any vacant land that is suitable for the development of a project. Seen in 7 SEC filings
  • Development Land means land that can be found anywhere, without concern for its zoning or status under planning and development acts. Seen in 7 SEC filings
  • Development Land means approved land where the construction of improvements has started and is currently in progress. Seen in 4 SEC filings
  • Development Land means land whose open market value exceeds its current usage value. Seen in 3 SEC filings
  • Development Land means lands against which development cap covenants have been registered under a phased development agreement. Seen in 3 SEC filings
  • Development Land means any land where development, redevelopment, or subdivision is proposed. Seen in 3 SEC filings

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 development land' yourself to verify these results. We are always keen to point people to source documents.

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.

Genie Definition 1

  • Development Land means a project encompassing the assembly of materials, machinery, or equipment for construction or repair tasks.

Relevant Contract Types

Relevant Circumstances

  • Initiating a new construction project
  • Renovation or repair of existing property
  • Development of commercial or industrial property

Relevant Sectors

Genie Definition 2

  • Development Land means a construction project underway, where assembly, installation, or adjustment of elements is done.

Relevant Contract Types

Relevant Circumstances

  • On-going large-scale construction projects
  • Engineering works where assembly, installation, or adjustment of elements is a priority

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Development Land" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Development Land'?

Development Land means a project encompassing the assembly of materials, machinery, or equipment for construction or repair tasks

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