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Real Estate Development Agreement basics

Before the concrete is mixed or the hammers start swinging, get the terms of your project nailed down in a Real Estate Development Agreement. Developing any property-commercial or residential-is bound to be complex. When you own a property that's ready for building, Real Estate Development Agreement is often your real foundation.

Use the Real Estate Development Agreement document if:

  • You own property and want it developed-residential or commercial.
  • You're a construction contractor getting ready to develop property.
  • You manage a government office that deals with property development.

You have the know-how to make that dream home or gleaming office building become a reality. Now it's time to fill out a little paperwork. We'll walk you through the steps you need to complete a Real Estate Development Agreement. You'll probably have to get city permits and negotiate with the contractor. If you're a property owner, a Real Estate Development Agreement will help you lay out everything you need to engage a developer. If you're a developer, you'll need a plan in place before you get to work. The development plan should include the time frame, property description, sketches, and other details. Craftsman or Victorian? Heavy timber or steel girders? Once you've agreed on the plan details, make it official with a Real Estate Development Agreement and get the project off the ground.

Other names for this document: Real Estate Development Contract, Real Property Development Agreement

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Sample Real Estate Development Agreement

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