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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
India Land Development Agreement
Prepare a contract for development of certain lands in India with this template Land Development Agreement.
- Nature of Land. The land is vacant and is under reservation under a sanctioned development plan.
- Right to Develop. The land owners grant the developer the exclusive right to develop the property on an as is, where is basis.
- Power of Attorney. The owners agree to give the developer power of attorney on their behalf to deal with public authorities and obtain sanction of the plans for the development.
- Security. The developer will be entitled to secure the property against unauthorised trespassers or squatters on the land, and will have the authority under the power of attorney to act on behalf of the owners in this regard.
- Construction. After obtaining the required consents and sanctions, and upon paying the owners the full amount of consideration, the developer will be entitled to commence construction.
- Taxes and Levies. The owners will pay all taxes, assessments and outgoings on the land up to the date that the developer takes possession. Thereafter the developer will be responsible for paying the same.
- Expenses. All expenses and costs involved in the transaction, including stamp duty and registration but not including advocates' professional fees, will be paid by the developer.
$17.99
Purchase Contract for Land for Subdivision | Canada
Canadian land developers, purchase land for a residential subdivision with this template Agreement to Purchase Land.
- The agreement is unilaterally conditional upon the vendor (seller) being able to obtain subdivision approval from the municipality.
- Conditions subsequent to the transaction include the provision of an easement across adjacent lands to allow the purchaser access to a water retention pond.
- The vendor is responsible for upgrading the access roadway.
- The vendor will have control over architectural plans and specifications of the subdivision development.
- This legal form template is provided in MS Word format and is fully editable to meet your specific needs.
- Intended for use only in Canada. The form may require additional provisions to comply with provincial or territorial laws.
$29.99
Standstill Agreement for Developer Loan Obligations
Land developers, get an extension of time to repay a mortgage loan on your development properties by inducing the lender to sign this Standstill Agreement for outstanding loan obligations.
- The lender agrees to stand still on recovering repayment of the borrower's mortgage for the time being, in return for which the borrower agrees to provide the lender further security for its indebtedness, including a foreclosure order on development properties on which the lender holds the mortgage.
- The borrower agrees to assign to the lender the proceeds from the sale of lots in the development.
- Each payment made by the borrower will entitle the borrower to an extension of thirty days to repay the indebtedness (to a maximum of 2 extensions).
- The status of the financing and the borrower's financial situation will be reviewed monthly by the lender.
- This is a generic legal document which is not specific to any country or region.
- This form is provided in MS Word format and is fully editable to fit your circumstances.
$29.99