Legal Documents
Development Agreement
This precedent is intended to act as a guide in drafting a Development Agreement. It may be modified or amended as need may be. This template is applicable in cases where a corporate property owner engages a seasoned developer to supervise the development on its property and coordinate the activities of other professional advisers and consultants.
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Development Agreement
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Table of Contents
1. DEFINITIONS AND INTERPRETATION 1
2. CONTROL AND MANAGEMENT OF THE DEVELOPMENT 5
3. DUTIES OF THE DEVELOPER 6
4. DUTIES OF THE COMPANY 8
5. DEVELOPMENT MANAGEMENT FEES 9
6. DEFAULT OF THE DEVELOPER 10
7. DEFAULT OF THE COMPANY 11
8. FORCE MAJEURE 11
9. NO PARTNERSHIP 13
10. ASSIGNMENT 13
11. NOTICES 13
12. DISPUTE RESOLUTION 13
13. GENERAL 14
14. GOVERNING LAW 15
