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Alberta Land Development Partnership New Partner Agreement
Bring on a new partner to an Alberta land development partnership with this Admission Agreement.
- This Admission Agreement would be used to admit a new partner into a partnership which was formed for the purpose of constructing and developing a commercial office and retail project on land owned by one of the partners.
- Provisions of the Admission Agreement include:
- capital contribution to be made by the new partner;
- covenants, representations and warranties of each of the parties;
- cash distributions and repayments to be made to original partners at the time of the new partner's buy-in;
- amendments to be made to the original Partnership Agreement, including allocation of partnership profit or loss;
- a management committee appointed by the partners will be responsible for managing and operating the partnership affairs.
- This template is in MS Word format and is fully editable to fit your circumstances.
- Intended to be used in the Province of Alberta, Canada.
$46.99
Alberta Land Development Partnership Agreement
Set up a partnership to develop and build a commercial office and retail project in Alberta with this Land Development Partnership Agreement template.
- The Agreement is between the owner of the land to be developed, and a managing partner (the Operator) who will be lending money to the project.
- Additional partners may be brought on if deemed necessary by the original partners.
- The Operator will advance sufficient funds to the partnership which will be lent to the owner interest-free for demolition and to secure surrender of existing leases.
- Details of the Operator's compensation for managing development, construction and completion of the project.
- Procedure for advances made to the partnership by a partner.
- Buy-sell provisions which give the other partners a right of first refusal to purchase the interest of a departing partner.
- Procedure for disposing of the partnership assets on termination or dissolution.
- Available in MS Word format and fully editable.
- Intended to be used only in the Province of Alberta, Canada.
$34.99
Joint Venture and Land Development Agreement | Canada
Set up a joint venture between a land developer and a land owner to develop a property with this Joint Venture and Land Development Agreement for Canada.
- The Agreement dictates how the parties will develop, construct and market a major project on the subject property.
- The parties will incorporate a new corporation to hold the land as bare trustee on behalf of the joint venture.
- The trustee 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.
- A joint venture to develop land is a major undertaking and the underlying agreement needs to address all of the salient issues.
- Available in MS Word format.
- Intended to be used only for land development in Canada.
$32.99
Land Development Agreement for Commercial Project
Land developers, prepare a Development Agreement for Commercial Project with this comprehensive template.
- The parties to the agreement are the developer and a municipal corporation (City), in connection with the City issuing a permit to the developer for construction and development of a commercial office and retail project.
- Provisions of the agreement include:
- restrictions on setback lands;
- requirements for structural drawings, load calculations, below grade structures, and other elements of construction;
- development and construction of parking, loading bays and messenger stalls;
- construction of, access to and control over public areas, including handicapped access;
- disputes to be settled by arbitration.
- This template is provided in MS Word format and is totally editable to meet your needs.
$39.99
