Ohio Pre-Development Marketing Agreement

State:
Multi-State
Control #:
US-TC05101
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This a pre-development agreement between a developer and a marketer for software products. All facets of the agreement are covered in the document.

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FAQ

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.

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 product development agreement contract protects you and your work, as well as helps you obtain the final product you may want. For example, if you are paying someone to develop software, you will want to draft a software development agreement to make sure you get the edition you want.

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.

A predevelopment agreement for a commercial real estate development project favoring the property owner. In this form of predevelopment agreement, the developer is responsible for predevelopment services for an office, retail, multifamily, mixed-use, or other commercial development project.

Joint development refers to a real estate development project that involves a cooperative arrangement between a private sector entity and a public entity like a city, county, redevelopment agency, or transit agency.

Some of the significant benefits of entering into a JDA are: No initial investment is required for land procurement. Partial avoidance of stamp duty. Fast-paced development of the property as working capital is majorly required for meeting the construction needs.

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Ohio Pre-Development Marketing Agreement