Development agreements

Development agreements are essential for property development projects, laying out the roles, responsibilities, and expectations of both the landowner and the developer.

These agreements ensure clarity from the beginning, helping both parties to avoid misunderstandings and potential disputes. A well-structured development agreement streamlines the project and also provides legal protection for all involved.

Whether you’re working on a residential project or a large commercial development, it is crucial to have an agreement in place.

What defines a development agreement?

A development agreement is a legally binding contract between a landowner and a developer. It outlines the scope of the property project, including timelines, financial arrangements, and each parties obligations. It typically includes provisions for securing planning permission, construction management, cost allocations, and the ultimate division of profits once the project is completed and sold.

This type of agreement is especially useful in complex or large-scale developments.

Types of development agreement

Standalone development agreement

A standalone development agreement is a contract where a developer is commissioned to complete a specific project independently, without long-term partnerships or joint ventures.

Land development agreement

An agreement between a landowner and developer to prepare land for construction. These types of agreement cover aspects like zoning and infrastructure.

Joint venture development agreement

In these types of agreements, partners collaborate on a project, sharing resources, risks, and profits.

Turnkey development agreement

A developer delivers a fully completed project to the owner or investor. These types of agreements are often used in commercial or industrial projects.

Public-private partnership (PPP) agreement

A collaboration between the government and the private sector for public infrastructure projects, like roads or schools.

Build-to-suit agreement

In these type of agreements, the developer constructs the property according to the tenant’s specifications. These properties are typically leased long-term.

Each type of agreement addresses different project goals, funding, and collaboration needs.

Our role in guiding development agreements

At Moore Barlow, we bring years of expertise when it comes to drafting and negotiating development agreements. Our focus is on ensuring that the document serves the specific needs of your project. We work with both landowners and developers to make sure that the agreement is watertight, outlining clear responsibilities and ensuring that your interests are protected.

From securing planning permissions to defining how profits are split, we take a proactive approach in addressing the potential legal and financial challenges that may arise during the development process. Our goal is to help you navigate the complexities of your project with confidence.

Why choose Moore Barlow?

With a reputation for thoroughness and client-focused service, Moore Barlow is well-versed in handling complex arrangements. We know that no two projects are the same, which is why we tailor each agreement to the unique needs and objectives of our clients.

Our detailed approach ensures that potential issues are identified and addressed early, reducing the likelihood of disputes or delays. We guide you through the entire process, making sure that your agreement is robust, while still being flexible enough to accommodate the unpredictable nature of property development.