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A joint development agreement is a legal contract that sets the terms between two or more parties working together to develop a new product or technology. This type of agreement addresses the joint nature of the parties' collaboration on the research and development of potentially patentable intellectual property.
A development agreement is a legally binding contract between a property owner or developer and a local government, often including terms not otherwise required through existing regulations.
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 party201fs requirements and
PDA: Preliminary Detailed Abstract Preliminary Detailed Abstract (PDA) An assessment of activities and processes needed to be carried out before construction begins. Such assessment may involve discussions between contractor and quantity surveyors several times until it is deemed complete.
In broad terms, a development agreement is a document that regulates the relationship between property developers, funding institutions and tenants. There are various types of development agreements and the choice of which type to use will depend upon the nature and complexity of the particular transaction.
A development agreement is not required to be registered. This includes all construction contracts given to a developer. However it attracts a stamp duty of 4% of the market value of the property, subject to a maximum of Rs. 4 lakhs.
Project Development Agreements (PDAs) are often used in urban regeneration and other development projects; they allow the government landowner to keep control of the precinct development and allow the developer to defer payment and land acquisition.
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.
Development agreements are contracts approved by the Planning Commission and Board of Supervisors entered into by the City and a developer to expressly define a development project's rules, regulations, commitments, and policies for a specific period of time.
Infrastructure agreements are documents that a builder or developer puts in place when building a new housing estate. These agreements provide for services to the new dwellings, including gas and electricity, and also enable roads to be adopted.