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Project Development Agreement (PDA) means a legal document expressing a convergence of will between the parties, outlining the terms and details of the agreement between the Government and the Project Company till signing of the Concession Agreement/Allocation Agreement, including each party?s requirements and ...
Joint Development Agreement means a registered agreement in which a person owning land or building agrees to allow another person to develop a real estate project on such land or building, in consideration of a share in such project, whether with or without payment of part of the consideration in cash or by a cheque or ...
Master Development means the proposed residential units within the Qualifying Infill Area identified in the Program application.
Master Development Agreement means an agreement between the master developer and the political subdivision to govern a STAR bond district and any STAR bond projects.
What does Master development agreement mean? An agreement entered into by an operator and a franchisor where the operator must operate franchise outlets itself within a designated area and may not sub-franchise to third parties.
Development agreements are contracts negotiated between project proponents and public agencies that govern the land uses that may be allowed in a particular project.
A joint development agreement (JDA) sets the terms for two or more parties working together to develop a particular product or technology. The JDA is typically negotiated before or during the working relationship. Intellectual property is often a key issue in a JDA, so the agreement should clearly state who owns what.
While Joint Venture and a Joint Development Agreement are synonymously used terminologies, they are quite different. A Joint Venture also referred as JV is applicable to every kind of business; however, a Joint Development Agreement i.e. JDA is restricted only to the real estate sector.
A development agreement is a voluntary contract between a local jurisdiction and a person who owns or controls property within the jurisdiction, detailing the obligations of both parties and specifying the standards and conditions that will govern development of the property.