SlideShare a Scribd company logo
1 of 46
DEVELOPMENT
AGREEMENT
RECITAL
DEFINITIONS
LAND AREA
CONSIDERATION
PAYMENT
SCHEDULE
TIME IS ESSENCE
OF THE
CONTRACT
REPRESENTATION

WARRANTIES
DECLARATIONS
COVENANTS
OF THE OWNERS
•   Marketable Title
•   No Encumbrances
•   Possession
•   Power and Authority
•   Valid and Binding
•   No Impediment
•   No Prior Agreement
•   No Acquisition and Requisition
•   No Reservations
•   No Violation of Land Laws
•   No Lispendence
•   No Third Party Rights
•   Deliver Documents
•   Execute Further Documents
•   Further Assurances
•   Family Consent
•   No Minors Interest
•   Joint Survey
•   Assurances
•   Declarations
•   Covenants
•   Indemnity
•   Undertakings
RIGHTS
DUTIES
OBLIGATIONS
OF THE
DEVELOPERS
•   Inspection of Title Documents
•   Development Potential
•   Development Plan
•   Payment Term
•   Name Board
•   Symbolic Possession
•   License Permission
•   Development and Construction
•   Development Control Regulations
•   Modification of Sanctioned Plans
•   Authority to Sell Flats
•   MOFA
•   Plinth Completion Certificate
•   Quality Guarantee
•   No Encroachment
•   Building Completion Certificate
•   Occupation Certificate
•   Delivery of Flats
•   Compliance with law
•   Taxes and Outgoings
RIGHTS
DUTIES
OBLIGATIONS
OF THE OWNERS
•   Basic Infrastructure
•   Power of Attorney
•   Interim maintenance
•   TDR and Other Rights
•   Easements
•   Balance FSI
NO COMPETITION
TIME PERIOD
DEFALUT BY THE
OWNERS
DEFAULT BY THE
DEVELOPERS
CURE PERIOD
BREACH OF
CONTRACT
TERMINATION
SERVICES
OF THE
SOLICITORS
SERVICES OF THE
ARCHITECTS
SERVICES OF THE
ARCHITECTS
INDEMNITY
BY
DEVELOPERS
INSURANCE
PROJECT NAME
LIQUIDATED
DAMAGES
DEFECT LIABILITY
PERIOD
DISPUTE
RESOLUTION
METHOD
STAMP DUTY
AND
REGISTRATION
FORMATION OF
CO-OP.HSG
SOCIETY
CONVEYANCE
SPECIFIC
PERFORMANCE
GENERAL
PROVISIONS
•   Notices
•   No Amendment
•   No Waiver
•   No Partnership
•   No Agency
•   Force Majeure
•   Confidentiality
•   Severability
•   Entire Agreement
•   Cost and Expenses
•   Governing Law
•   Jurisdiction
•   Read and Understood
•   Counter Parts
SCHEDULE
TO THE
PROPERTY
EXECUTION
SHEET
ANNEXURES
Location Map
Land Area Map
Copy of title deeds
7/12extracts/Property
Card
Certificate of Title
N.A.Permission
Development
Permission
Commencement Certificate
Building Plan
MoEF Permission
MPCB Consent
NOC-Fire Department
mylawhouse.in
Mob:9833843250
mylawhouse@gmail.com
mylawhouse@yahoo.com

More Related Content

Similar to 17 development agreement

Lecture series on Civil Engineering - Understanding Crucial aspects of constr...
Lecture series on Civil Engineering - Understanding Crucial aspects of constr...Lecture series on Civil Engineering - Understanding Crucial aspects of constr...
Lecture series on Civil Engineering - Understanding Crucial aspects of constr...John Sushil Packiaraj
 
LCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition RevisedLCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition RevisedTom Blefko
 
Contract Law - RE05RC01
Contract Law - RE05RC01Contract Law - RE05RC01
Contract Law - RE05RC01Jody O'Brien
 
Sha clauses mlh 2307
Sha clauses mlh 2307Sha clauses mlh 2307
Sha clauses mlh 2307Arun Prakaash
 
MA CEU Due Diligence in Seller Representation
MA CEU Due Diligence in Seller Representation MA CEU Due Diligence in Seller Representation
MA CEU Due Diligence in Seller Representation Jody O'Brien
 
LCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition RevisedLCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition RevisedTom Blefko
 
LCAR Unit 18 - Sales Contracts - 14th Edition Revised Revised
LCAR Unit 18 - Sales Contracts - 14th Edition Revised RevisedLCAR Unit 18 - Sales Contracts - 14th Edition Revised Revised
LCAR Unit 18 - Sales Contracts - 14th Edition Revised RevisedTom Blefko
 
1285448634 409719
1285448634 4097191285448634 409719
1285448634 409719Neal Graham
 
Letters of intent
Letters of intentLetters of intent
Letters of intentSam Saad
 
Brokerage Simplified
Brokerage SimplifiedBrokerage Simplified
Brokerage Simplifiedmcmahonkevin
 
Loan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and ModificationLoan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and ModificationKaufman & Canoles
 
Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...
Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...
Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...Neal Graham
 
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedTom Blefko
 
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedTom Blefko
 
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedTom Blefko
 

Similar to 17 development agreement (20)

Lecture series on Civil Engineering - Understanding Crucial aspects of constr...
Lecture series on Civil Engineering - Understanding Crucial aspects of constr...Lecture series on Civil Engineering - Understanding Crucial aspects of constr...
Lecture series on Civil Engineering - Understanding Crucial aspects of constr...
 
LCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition RevisedLCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition Revised
 
Contract Law - RE05RC01
Contract Law - RE05RC01Contract Law - RE05RC01
Contract Law - RE05RC01
 
Sha clauses mlh 2307
Sha clauses mlh 2307Sha clauses mlh 2307
Sha clauses mlh 2307
 
MA CEU Due Diligence in Seller Representation
MA CEU Due Diligence in Seller Representation MA CEU Due Diligence in Seller Representation
MA CEU Due Diligence in Seller Representation
 
LCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition RevisedLCAR Unit 18 - Sales Contracts - 14th Edition Revised
LCAR Unit 18 - Sales Contracts - 14th Edition Revised
 
LCAR Unit 18 - Sales Contracts - 14th Edition Revised Revised
LCAR Unit 18 - Sales Contracts - 14th Edition Revised RevisedLCAR Unit 18 - Sales Contracts - 14th Edition Revised Revised
LCAR Unit 18 - Sales Contracts - 14th Edition Revised Revised
 
Hinkel Chapter 11
Hinkel Chapter 11Hinkel Chapter 11
Hinkel Chapter 11
 
1285448634 409719
1285448634 4097191285448634 409719
1285448634 409719
 
Hinkel Chapter 14
Hinkel Chapter 14Hinkel Chapter 14
Hinkel Chapter 14
 
Letters of intent
Letters of intentLetters of intent
Letters of intent
 
Brokerage Simplified
Brokerage SimplifiedBrokerage Simplified
Brokerage Simplified
 
01
0101
01
 
Loan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and ModificationLoan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and Modification
 
Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...
Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...
Chapter 8 Requirements for Deeds and Various Types of Real Property Deeds-Sum...
 
Hinkel Chapter 08
Hinkel Chapter 08Hinkel Chapter 08
Hinkel Chapter 08
 
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
 
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
 
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 21 - Closing the Real Estate Transaction - 14th Edition Revised
 
Contracts
ContractsContracts
Contracts
 

More from Arun Prakaash

Mylawhouse brochure-151113
Mylawhouse brochure-151113Mylawhouse brochure-151113
Mylawhouse brochure-151113Arun Prakaash
 
Deposit of title deeds ppt
Deposit of title deeds pptDeposit of title deeds ppt
Deposit of title deeds pptArun Prakaash
 
General power of attorney
General power of attorneyGeneral power of attorney
General power of attorneyArun Prakaash
 
23 realestate laws-maha
23 realestate laws-maha23 realestate laws-maha
23 realestate laws-mahaArun Prakaash
 
15 land disputes in india
15 land disputes in india15 land disputes in india
15 land disputes in indiaArun Prakaash
 
Mutation process maha
Mutation process mahaMutation process maha
Mutation process mahaArun Prakaash
 
712 record of rights
712  record of rights712  record of rights
712 record of rightsArun Prakaash
 
Articles of association 3009
Articles of association 3009Articles of association 3009
Articles of association 3009Arun Prakaash
 
Structure of commercial contract arun
Structure of commercial contract arunStructure of commercial contract arun
Structure of commercial contract arunArun Prakaash
 
Ddr flat 2407-orange
Ddr flat 2407-orangeDdr flat 2407-orange
Ddr flat 2407-orangeArun Prakaash
 
Shareholder agreement clauses 2307
Shareholder agreement clauses 2307Shareholder agreement clauses 2307
Shareholder agreement clauses 2307Arun Prakaash
 

More from Arun Prakaash (20)

Mylawhouse brochure-151113
Mylawhouse brochure-151113Mylawhouse brochure-151113
Mylawhouse brochure-151113
 
Deposit of title deeds ppt
Deposit of title deeds pptDeposit of title deeds ppt
Deposit of title deeds ppt
 
Gift deed hindu law
Gift deed hindu lawGift deed hindu law
Gift deed hindu law
 
General power of attorney
General power of attorneyGeneral power of attorney
General power of attorney
 
Property
PropertyProperty
Property
 
Gift mohammeden law
Gift mohammeden lawGift mohammeden law
Gift mohammeden law
 
Probate
ProbateProbate
Probate
 
23 realestate laws-maha
23 realestate laws-maha23 realestate laws-maha
23 realestate laws-maha
 
leave and licencse
leave and licencseleave and licencse
leave and licencse
 
21 inam laws-arun
21 inam laws-arun21 inam laws-arun
21 inam laws-arun
 
Boilerplate clauses
Boilerplate clausesBoilerplate clauses
Boilerplate clauses
 
15 land disputes in india
15 land disputes in india15 land disputes in india
15 land disputes in india
 
Mutation process maha
Mutation process mahaMutation process maha
Mutation process maha
 
712 record of rights
712  record of rights712  record of rights
712 record of rights
 
Articles of association 3009
Articles of association 3009Articles of association 3009
Articles of association 3009
 
Contract drafting
Contract draftingContract drafting
Contract drafting
 
Structure of commercial contract arun
Structure of commercial contract arunStructure of commercial contract arun
Structure of commercial contract arun
 
N.a. maha 2507
N.a. maha 2507N.a. maha 2507
N.a. maha 2507
 
Ddr flat 2407-orange
Ddr flat 2407-orangeDdr flat 2407-orange
Ddr flat 2407-orange
 
Shareholder agreement clauses 2307
Shareholder agreement clauses 2307Shareholder agreement clauses 2307
Shareholder agreement clauses 2307
 

17 development agreement