This a pre-development agreement between a developer and a marketer for software products. All facets of the agreement are covered in the document.
Utah Pre-Development Marketing Agreement
Category:
State:
Multi-State
Control #:
US-TC05101
Format:
Word;
PDF;
Rich Text
Instant download
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FAQ
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.
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.
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.
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.
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.
Co-development agreements establish which company owns which aspect of the intellectual property in question. With ownership comes responsibility for patent prosecution and mounting defenses against allegations of IP infringement.
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.