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Property Collaboration Agreement
"I need a Property Collaboration Agreement for a joint development project in Mumbai where my company will contribute a 5-acre land parcel and the developer will construct a mixed-use complex, with a 60-40 revenue sharing arrangement in the landowner's favor."
1. Parties: Details of the property owner(s) and developer(s) entering into the agreement
2. Background: Context of the collaboration and brief description of the property and proposed development
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including title details and encumbrances
5. Scope of Collaboration: Detailed outline of the development project and collaboration structure
6. Rights and Obligations: Specific responsibilities and rights of each party
7. Financial Terms: Revenue sharing arrangement, cost allocation, and payment terms
8. Project Timeline: Development milestones, completion dates, and delivery schedule
9. Statutory Compliance: Responsibilities for obtaining permits, approvals, and maintaining compliance
10. Representations and Warranties: Standard and specific warranties by both parties
11. Term and Termination: Duration of agreement and grounds for termination
12. Dispute Resolution: Process for resolving disputes including arbitration provisions
13. Force Majeure: Provisions for unforeseen circumstances affecting project execution
14. Notices: Communication protocols and contact details
15. Governing Law: Applicable law and jurisdiction
1. Bank Guarantee: Required when performance security is needed from the developer
2. Power of Attorney: Included when developer needs specific powers to deal with authorities
3. Environmental Compliance: Detailed section needed for projects requiring environmental clearances
4. Relocation Terms: Required when existing occupants need temporary or permanent relocation
5. Marketing Rights: Detailed marketing arrangements when developer handles property sales
6. Project Financing: Included when specific financing arrangements need to be documented
7. Insurance: Detailed insurance requirements for high-value or high-risk projects
8. Existing Tenancies: Required when property has existing tenants or occupants
1. Schedule A - Property Details: Detailed property description, boundaries, and title documents
2. Schedule B - Development Plans: Architectural plans, layouts, and specifications
3. Schedule C - Revenue Sharing Structure: Detailed calculation method for profit sharing
4. Schedule D - Project Timeline: Detailed construction and development schedule
5. Schedule E - Approvals Required: List of necessary permits and approvals
6. Schedule F - Area Allocation: Distribution of built-up area between parties
7. Appendix 1 - Title Documents: Copies of property ownership documents
8. Appendix 2 - Power of Attorney: Format of power of attorney (if applicable)
9. Appendix 3 - Bank Guarantee Format: Format for bank guarantee (if applicable)
10. Appendix 4 - Existing Encumbrances: Details of any existing liens or encumbrances
Authors
Applicable Laws
Approvals
Built-up Area
Business Day
Carpet Area
Commencement Date
Completion Certificate
Construction Period
Development Rights
Development Plan
Encumbrance
Force Majeure Event
FSI/FAR (Floor Space Index/Floor Area Ratio)
Joint Development Share
Land Owner
Local Authority
Occupancy Certificate
Owner's Share
Permitted Use
Project
Project Costs
Project Documents
Project Facilities
Project Manager
Property
Revenue Share
Saleable Area
Sanctioned Plans
Schedule of Payments
Security Deposit
Specifications
Super Built-up Area
Title Documents
Transfer
Developer's Share
Construction Schedule
Completion Date
Development Period
Material Adverse Effect
Notice
RERA
Substantial Completion
Project Revenue
Common Areas
Development Agreement
Scope of Collaboration
Property Rights
Development Rights
Representations and Warranties
Conditions Precedent
Rights and Obligations
Financial Terms
Revenue Sharing
Project Implementation
Construction Requirements
Timeline and Milestones
Regulatory Compliance
Permits and Approvals
Title and Ownership
Confidentiality
Force Majeure
Indemnification
Insurance
Term and Termination
Assignment
Dispute Resolution
Governing Law
Notices
Environmental Compliance
Labor and Employment
Health and Safety
Quality Control
Project Management
Change Management
Risk Allocation
Default and Remedies
Bank Guarantees
Marketing Rights
Area Sharing
Intellectual Property
Anti-corruption
Severability
Amendment
Entire Agreement
Waiver
Real Estate
Construction
Property Development
Infrastructure
Commercial Real Estate
Residential Real Estate
Urban Development
Industrial Development
Hospitality
Retail Development
Legal
Real Estate
Property Development
Construction
Finance
Compliance
Business Development
Project Management
Operations
Risk Management
Real Estate Developer
Property Manager
Legal Counsel
Development Director
Project Manager
Land Acquisition Manager
Construction Manager
Real Estate Investment Manager
Compliance Officer
Contract Manager
Business Development Manager
Real Estate Attorney
Property Development Executive
Urban Planning Manager
Financial Controller
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