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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."
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
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
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
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