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Agreement Between Land Owner And Developer Template for Singapore

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Key Requirements PROMPT example:

Agreement Between Land Owner And Developer

"Need an Agreement Between Land Owner And Developer for a mixed-use development project in Singapore's Central Business District, with specific provisions for green building standards and a profit-sharing arrangement of 70-30 between developer and land owner, targeting construction start in March 2025."

What is a Agreement Between Land Owner And Developer?

The Agreement Between Land Owner And Developer is a crucial document in Singapore's property development landscape, used when a land owner grants development rights to a developer without transferring ownership of the land. This agreement is particularly relevant in Singapore's highly regulated real estate market, where development must comply with strict governmental controls and urban planning guidelines. The document typically covers development rights, construction obligations, profit-sharing arrangements, timelines, and regulatory compliance requirements. It's essential for both greenfield developments and redevelopment projects, providing a comprehensive framework for the parties' rights and obligations while ensuring alignment with Singapore's property development regulations.

What sections should be included in a Agreement Between Land Owner And Developer?

1. Parties: Identifies and defines the Land Owner and Developer with full legal details

2. Background: Details of the property, development intention, and context of the agreement

3. Definitions: Key terms used throughout the agreement

4. Development Rights: Scope of development rights granted to the developer

5. Development Obligations: Developer's responsibilities regarding planning, construction, and completion

6. Payment Terms: Financial arrangements, including land cost and payment schedule

7. Timeline: Development milestones and completion dates

8. Warranties and Representations: Both parties' assurances regarding authority, title, and capacity

9. Compliance with Laws: Obligations to comply with relevant Singapore legislation and regulations

10. Termination: Circumstances and procedures for terminating the agreement

11. Dispute Resolution: Procedures for resolving disputes between parties

12. General Provisions: Standard contractual provisions including notices, amendments, and governing law

What sections are optional to include in a Agreement Between Land Owner And Developer?

1. Profit Sharing: Terms for sharing development profits between land owner and developer

2. Environmental Requirements: Specific environmental obligations and green building requirements

3. Strata Management: Future management structure for strata-titled developments

4. Marketing and Sales: Terms regarding the marketing and sale of developed units

5. Financing Arrangements: Specific terms related to development financing and security arrangements

What schedules should be included in a Agreement Between Land Owner And Developer?

1. Schedule 1 - Property Details: Legal description of land, boundaries, and title details

2. Schedule 2 - Development Plans: Architectural drawings, site plans, and specifications

3. Schedule 3 - Payment Schedule: Detailed breakdown of payment milestones

4. Schedule 4 - Planning Permissions: Copies of existing approvals and requirements

5. Schedule 5 - Construction Timeline: Detailed project schedule with milestones

6. Schedule 6 - Technical Specifications: Detailed construction and material specifications

7. Schedule 7 - Required Approvals: List of necessary governmental and regulatory approvals

8. Schedule 8 - Form of Warranties: Standard forms of warranties to be provided

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Industries

Planning Act (Cap. 232): Primary legislation governing land use planning and development control in Singapore, including requirements for planning permission and land use restrictions

Building Control Act (Cap. 29): Regulates building works and construction standards to ensure building safety and proper construction practices

Land Titles Act (Cap. 157): Governs the registration and transfer of land titles in Singapore, establishing the land titles system

Residential Property Act (Cap. 274): Regulates the acquisition and ownership of residential properties by foreign persons and entities

Housing Developers (Control and Licensing) Act (Cap. 130): Controls and licenses housing developers, protecting homebuyers' interests in residential property transactions

Environmental Protection and Management Act (Cap. 94A): Provides for environmental protection and management, including pollution control and environmental impact assessments

URA Guidelines: Urban Redevelopment Authority's comprehensive guidelines for development control, including zoning, plot ratios, and building heights

Master Plan Zoning Regulations: Detailed zoning requirements specifying permitted land uses and development intensity for different areas

BCA Regulations: Building Construction Authority's technical requirements and standards for building works and construction

Building Maintenance and Strata Management Act: Regulates the management and maintenance of strata-titled properties and common property

Fire Safety Code: mandatory requirements for fire safety in buildings, including design, construction, and installation of fire safety measures

Contract Law Act (Cap. 53): Fundamental legislation governing contract formation, enforcement, and remedies in Singapore

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions and real estate conveyancing practices

Stamp Duties Act: Governs stamp duties payable on property transactions and legal documents

Green Mark Standards: BCA's green building rating system for evaluating environmental sustainability of buildings

SIA Standard Forms: Singapore Institute of Architects' standardized contract forms for construction and development projects

CIJC Guidelines: Construction Industry Joint Committee's guidelines for industry best practices and standards

Property Tax Act: Legislation governing the taxation of property ownership and property-related transactions

Goods and Services Tax Act: Regulations regarding GST applications in property development and construction services

Universal Design Guidelines: Requirements for ensuring accessibility and inclusivity in building design and construction

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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