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Joint Development Agreement Between Landowner And Builder Template for Singapore

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Key Requirements PROMPT example:

Joint Development Agreement Between Landowner And Builder

"I need a Joint Development Agreement Between Landowner And Builder for a mixed-use commercial project in Singapore's Central Business District, with specific provisions for green building certification and a 70-30 profit sharing arrangement in favor of the landowner."

What is a Joint Development Agreement Between Landowner And Builder?

The Joint Development Agreement Between Landowner And Builder is a crucial document in Singapore's real estate development sector, used when a landowner wishes to develop their property in partnership with a construction company or developer. This agreement, governed by Singapore law, defines the parties' respective rights, obligations, and commercial arrangements, including profit sharing, development specifications, and regulatory compliance requirements. It incorporates provisions aligned with Singapore's Building Control Act, Planning Act, and other relevant legislation, while addressing key aspects such as construction timeline, quality standards, and dispute resolution mechanisms.

What sections should be included in a Joint Development Agreement Between Landowner And Builder?

1. Parties: Identification and details of the Landowner and Builder, including registration numbers and registered addresses

2. Background: Context of the development project, property details, and intention of parties to enter into joint development

3. Definitions: Key terms used throughout the agreement including Development, Property, Works, Completion Date, etc.

4. Project Scope: Detailed description of the development project, specifications, and deliverables

5. Rights and Obligations: Respective responsibilities of Landowner and Builder

6. Development Timeline: Construction schedule, milestones, and completion dates

7. Financial Terms: Cost sharing, payment terms, profit sharing arrangements

8. Approvals and Compliance: Responsibilities for obtaining permits and ensuring regulatory compliance

9. Default and Termination: Events of default, remedies, and termination provisions

10. Dispute Resolution: Process for handling disputes including mediation and arbitration

What sections are optional to include in a Joint Development Agreement Between Landowner And Builder?

1. Marketing and Sales: Terms regarding property marketing and sales arrangements for residential developments

2. Environmental Provisions: Specific environmental commitments and green building requirements for projects involving green certification

3. Force Majeure: Provisions for unforeseen circumstances affecting project execution

4. Insurance: Specific insurance requirements beyond standard coverage for special project arrangements

What schedules should be included in a Joint Development Agreement Between Landowner And Builder?

1. Property Description: Detailed legal description of the development property including title details

2. Development Plans: Architectural drawings, floor plans, and specifications

3. Construction Schedule: Detailed timeline of construction phases and milestones

4. Cost Schedule: Breakdown of development costs and payment schedule

5. Permits and Approvals: List of required regulatory approvals and their status

6. Quality Standards: Specific quality requirements and acceptance criteria

7. Form of Warranties: Template warranties for construction work and materials

8. Power of Attorney: Template power of attorney document if required for specific actions on behalf of either party

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

Building Control Act (Chapter 29): Primary legislation governing building works, building plans, and construction standards in Singapore

Planning Act (Chapter 232): Controls land use and development in Singapore, including zoning and planning permissions

Building and Construction Authority Act: Establishes the BCA and its powers to regulate the construction industry

Building Maintenance and Strata Management Act: Regulates the maintenance of buildings and common property management

Land Titles Act (Chapter 157): Governs the registration and transfer of land titles in Singapore

Residential Property Act: Regulates the ownership of residential property by foreign persons

Building Control Regulations: Detailed regulations implementing the Building Control Act, including technical requirements

Building Control (Buildability and Productivity) Regulations: Specific regulations promoting efficient construction methods and productivity

Building Control (Environmental Sustainability) Regulations: Requirements for environmental sustainability in building design and construction

Construction Industry Development Board Act: Framework for the development and improvement of the construction industry

Contract Law: Common law principles governing contract formation, execution, and enforcement

Misrepresentation Act: Protects parties against false statements or misrepresentations in contracts

Sale of Land Act: Governs transactions involving the sale and purchase of land

Environmental Protection and Management Act: Controls environmental impacts of construction and development

Environmental Public Health Act: Ensures public health standards are maintained during construction

Workplace Safety and Health Act: Establishes safety requirements for construction sites and workers

Fire Safety Act: Sets fire safety requirements for buildings and construction works

Architects Act: Regulates architectural services and professional requirements

Professional Engineers Act: Governs engineering practices and professional standards

Licensed Builders Regulations: Requirements for licensing and regulation of builders

URA Guidelines: Urban Redevelopment Authority's guidelines for development control

Master Plan Zoning Regulations: Detailed zoning requirements for different areas in Singapore

Development Control Parameters: Specific requirements for building height, density, and other development aspects

Property Tax Act: Taxation requirements for property development and ownership

Stamp Duties Act: Governs stamp duties payable on property transactions

Conveyancing and Law of Property Act: Legal framework for property transactions and transfers

Arbitration Act: Framework for arbitration as a dispute resolution mechanism

Mediation Act: Provides structure for mediation in construction disputes

Building and Construction Industry Security of Payment Act: Facilitates payments for construction work and related goods/services

BCA Green Mark Requirements: Environmental sustainability certification system for buildings

Universal Design Guidelines: Requirements for accessible design in buildings and developments

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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