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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."
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
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
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
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