Document background
The Site Development Agreement is a crucial document used in Belgian property development projects to establish the legal framework between developers, property owners, and other stakeholders. It is particularly relevant when undertaking significant construction or renovation projects that require detailed planning permission, environmental assessments, and compliance with Belgian federal and regional regulations. The agreement typically comes into play after initial feasibility studies but before construction begins, serving as the primary document governing the development process. It addresses key aspects such as development rights, construction obligations, permit requirements, timelines, and risk allocation, while ensuring compliance with specific Belgian legal requirements including environmental regulations, urban planning laws, and construction standards across all three regions (Flanders, Wallonia, and Brussels-Capital).
