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Development Rights Agreement
I need a Development Rights Agreement governed by Danish law for a mixed-use commercial and residential development project in Copenhagen, where my company is the developer working with a private landowner, with construction planned to start in March 2025 and including specific provisions for sustainable building practices.
1. Parties: Identification of all parties to the agreement, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, including property details and development intention
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of Development Rights: Explicit grant of development rights, scope, and nature of rights being transferred
5. Property Description: Detailed description of the property/land subject to development rights
6. Development Obligations: Core obligations of the developer regarding the development project
7. Development Timeline: Key dates, milestones, and completion requirements
8. Compensation and Payment Terms: Financial terms, including development fees, payments, and payment schedule
9. Regulatory Compliance: Obligations regarding permits, approvals, and compliance with laws
10. Representations and Warranties: Standard representations and warranties from both parties
11. Insurance and Liability: Insurance requirements and allocation of liability
12. Term and Termination: Duration of agreement and termination provisions
13. Dispute Resolution: Procedures for handling disputes, including jurisdiction and governing law
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Environmental Obligations: Special environmental requirements and remediation obligations, included when the property has environmental concerns
2. Public Infrastructure: Obligations regarding public infrastructure development, included when project requires new or modified public infrastructure
3. Phasing Provisions: Details of development phases, included for large-scale projects with multiple phases
4. Community Benefits: Specific commitments to community benefits, included when required by local authorities or negotiated with community stakeholders
5. Pre-leasing Requirements: Requirements for securing tenants before development, included when relevant to project financing
6. Profit Sharing: Provisions for sharing development profits, included when parties agree to share project returns
7. Heritage Protection: Special provisions for protecting heritage elements, included when developing historic properties
8. Agricultural Land Conversion: Special provisions for converting agricultural land, included when developing former agricultural property
1. Development Plans: Detailed architectural and engineering plans for the development
2. Property Documents: Title documents, surveys, and property records
3. Project Timeline: Detailed project schedule with milestones and deadlines
4. Technical Specifications: Detailed technical requirements and specifications for the development
5. Environmental Reports: Environmental assessments and related documentation
6. Planning Permissions: Copies of existing planning permissions and requirements
7. Financial Terms: Detailed financial calculations, payment schedules, and financial models
8. Insurance Requirements: Specific insurance requirements and coverage details
9. Form of Guarantees: Templates for any required guarantees or bonds
10. Construction Standards: Specific construction and quality standards to be met
Authors
Applicable Laws
Approvals
Building Permit
Business Day
Commencement Date
Completion Certificate
Completion Date
Construction Documents
Construction Period
Development
Development Area
Development Costs
Development Period
Development Plan
Development Rights
Development Site
Development Works
Environmental Laws
Environmental Permits
Force Majeure
Governmental Authority
Infrastructure
Land
Local Plan
Material Adverse Change
Municipality
Necessary Consents
Party/Parties
Permitted Use
Planning Permission
Plans and Specifications
Project
Project Schedule
Property
Property Rights
Public Infrastructure
Purchase Price
Regulatory Requirements
Related Agreements
Security Interest
Site Conditions
Statutory Requirements
Technical Specifications
Term
Third Party Rights
Title Documents
Urban Planning Requirements
Utilities
Working Days
Zoning Requirements
Grant of Development Rights
Development Obligations
Payment Terms
Conditions Precedent
Planning and Permits
Development Timeline
Construction Requirements
Environmental Compliance
Infrastructure Requirements
Quality Standards
Testing and Inspection
Warranties and Representations
Insurance
Indemnification
Force Majeure
Assignment and Transfer
Intellectual Property
Confidentiality
Data Protection
Health and Safety
Labor Requirements
Regulatory Compliance
Record Keeping
Reporting Requirements
Dispute Resolution
Governing Law
Termination
Events of Default
Step-in Rights
Security
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Anti-Corruption
Competition Law Compliance
Environmental Protection
Community Obligations
Public Relations
Real Estate
Construction
Urban Development
Commercial Property
Residential Property
Industrial Development
Infrastructure
Renewable Energy
Retail Development
Mixed-use Development
Hospitality
Healthcare Facilities
Education Facilities
Logistics
Legal
Real Estate
Development
Construction
Planning
Environmental
Finance
Investment
Compliance
Project Management
Property Management
Sustainability
Risk Management
Real Estate Director
Development Manager
Project Manager
Legal Counsel
Property Manager
Construction Manager
Urban Planner
Environmental Compliance Officer
Chief Development Officer
Investment Manager
Land Acquisition Manager
Planning Director
Asset Manager
Sustainability Manager
Contract Manager
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