Joint Venture & Land Development Agreement (Canada)

Joint Venture & Land Development Agreement (Canada) ($25.00)

Use this template to prepare a Land Development Joint Venture Agreement for Canada, between a property owner and a land developer, under which the parties agree to develop, construct and market a major project on the subject property. Provisions of the agreement include:

formation of a corporation to hold the land as bare trustee on behalf of the joint venture;
the corporation will be managed by the developer;
the parties are not partners, agents or legal representatives of each other;
the parties agree not to resort to any action to partition the property;
all listing and sale prices to be mutually determined by the parties;
each party has a right of first refusal to purchase the other party's interest.

This is a Canadian legal document in MS Word format.

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