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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.
$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.
- 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
Commercial Lease Turnkey Provisions for Tenant Improvements
Add this Schedule to a commercial lease agreement to set out turnkey provisions for tenant improvements which will be made by the landlord before the commencement date.
- The landlord will build out the premises on a turnkey basis to mutually agreed design specifications.
- The landlord's financial contribution towards the tenant improvements will not exceed a specified limit. Any costs over and above that limit must be paid by the tenant.
- Any schedule delays attributable to the tenant will not extend the commencement date.
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Landlord Material Breach of Lease Forms for Commercial Leases
Business tenants, has your landlord defaulted on its obligations under your lease? Serve notice on the landlord with these Material Breach of Commercial Lease Forms.
- The package contains the following legal forms:
- Notice of Material Breach of Lease, which must be served first,
- Notice of Termination Due to Material Breach by Landlord, to be served when the period given for curing the breach in the first Notice has expired, provided the landlord has not cured the breach during the notice period.
- These forms are not country-specific and can be used in jurisdictions that do not have statutory forms.
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Shopping Center Property Management Agreement
Hire a property manager to oversee the operations of a shopping mall with this Shopping Center Property Management Agreement.
- Independent Contractor. The property manager is retained as an independent contractor.
- Duties. The property manager's duties include collecting the rent, invoicing tenants, providing services to tenants, enforcing performance of the tenants' lease obligations, and generally managing all aspects of the mall operations.
- Budget. The property manager is responsible for preparing an annual operating budget for the shopping center.
- Insurance. The property manager must maintain a fidelity bond, workers compensation, auto liability and excess liability insurance coverage.
- Compensation. The property manager will be paid a management fee calculated as a percentage of all gross rents, but not to be less than a specified minimum amount.
- This legal contract template is available in MS Word format and is fully customizable to fit your needs.
$29.99
