North Dakota Area Development Agreement

State:
Multi-State
Control #:
US-2-02-1-STP
Format:
Word; 
Rich Text
Instant download

Description

Area Development Agreement: An Area Development Agreement is made between an Owner and Area Franchisee. The Owner desires to expand and develop the Franchise Business and wishes to allow the Area Franchisee the use of the Owner's established franchise name and likeness to accomplish the Owner's goal of expansion. However, the Area Franchisee must adhere to the guidelines listed in this agreement. This form is available in both Word and Rich Text formats.
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FAQ

From a planning perspective, development agreements have been instrumental in allowing creative and award-winning land use projects because the agreements can facilitate projects that would not have been allowed under otherwise applicable zoning regulations.

A development agreement may include: Rules and regulations for development of a property. Commitments and policies related to development of the property. Specific time frames for development of the property.

These agreements include site plan and subdivision agreements, bonusing (section 37) agreements, front-ending agreements, easement agreements, and conditional building permit agreements, and relate to the provision of municipal services and infrastructure, amongst other things.

A Joint Development Agreement (JDA) is a contract between a landowner and a developer to develop a property. In a JDA, the developer agrees to provide various services, and the landowner agrees to provide the land for development.

An agreement is made when two parties agree to something. So, for example, a mother might make an agreement with her son not to kiss him in public because, after kindergarten, well, that's just not cool. If people's opinions are in , or match one another, then they are in agreement.

A DSA is an agreement between an investor and a developer looking to a renewable energy system such as a utility scale solar or a battery energy storage project.

With this agreement, the franchisor ensures that no other franchisee can open a franchise within the same area while your contract is still active. The required development fee is usually non-refundable. A pro-rata basis is also applied when computing for the unit franchise fees of the succeeding franchise units.

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North Dakota Area Development Agreement