Joint Venture & Land Development Agreement (Canada)

Canadian land developers, set up a joint venture with a land owner to develop a property with this Joint Venture & Land Development Agreement.The Agreement sets out the terms governing how the parties will develop, construct and market a major project on the subject property.

• The parties will incorporate a corporation to hold the land as bare trustee on behalf of the joint venture.
• The corporation will be managed by the land developer.
• The parties are not partners, agents or legal representatives of each other.
• The parties agree not to resort to any action to partition the property.
• All listing and sale prices will be mutually determined by both parties.
• Each party has a right of first refusal to purchase the other party's interest.

This Canada Joint Venture & Land Development Agreement is provided in MS Word format and can be easily edited to fit your particular circumstances.