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Development agreements

Designed to regulate the relationship between landowners, property developers, funding institutions and tenants, these agreements supplement the separate contractual agreements relating to the actual construction of the development between architects, engineers and other professional contractors.

Typically they include, but are not limited to, agreements for Lease where a tenant will commit to taking a lease upon construction of the development, agreements designed for the onward sale of the completed development and funding agreements to provide finance for the development project.

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