Products tagged with 'real estate developer contract'
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99 Year Ground Lease
Use this comprehensive template to prepare a 99 Year Ground Lease for land that will be developed as the site of a commercial office and retail project.
- The minimum yearly rental for the land is calculated as the greater of (a) a specified fixed amount or (b) a percentage of the annual net rentals generated by the developed property.
- In addition to minimum annual rent, the developer (as lessee) will pay the costs of clearing the land and obtaining surrenders of leases from any existing tenants.
- The lessee has a right of first refusal if the land owner (lessor) decides to sell or dispose of its interest in the land.
- The lessee is responsible for carrying sufficient and proper insurance, for paying all taxes, charges, liens and utility costs for the property.
- The lessee has the right to assign the lease or to mortgage or otherwise encumber the property without the consent of the lessor.
- The 99 Year Ground Lease template is a generic form that does not contain references to any specific laws or regulations.
$29.99
Ground Lease Amending Agreement
Make changes to an original ground lease on land to be developed for commercial use with this downloadable Amending Agreement.
- The amending agreement is between the owner of the land as Lessor under the lease and a land development partnership as Lessee.
- The amendment is made part of the original lease, and is not a substitution for that document.
- The lessor warrants that there are no existing defaults or unfulfilled conditions precedent, and agrees to waive all past defaults and causes of forfeiture by the lessee.
- Available in MS Word format and fully customizable to fit your specific circumstances.
$12.49
Alberta Land Development Partnership Agreement
Set up a partnership to develop and build a commercial office and retail project in Alberta with this Land Development Partnership Agreement template.
- The Agreement is between the owner of the land to be developed, and a managing partner (the Operator) who will be lending money to the project.
- Additional partners may be brought on if deemed necessary by the original partners.
- The Operator will advance sufficient funds to the partnership which will be lent to the owner interest-free for demolition and to secure surrender of existing leases.
- Details of the Operator's compensation for managing development, construction and completion of the project.
- Procedure for advances made to the partnership by a partner.
- Buy-sell provisions which give the other partners a right of first refusal to purchase the interest of a departing partner.
- Procedure for disposing of the partnership assets on termination or dissolution.
- Available in MS Word format and fully editable.
- Intended to be used only in the Province of Alberta, Canada.
$34.99
LLC Operating Agreement for Real Estate | USA
Set the terms by which an LLC will buy, develop and lease real estate property with this easy-to-use LLC Operating Agreement for Real Estate Developer.
- This 11-page agreement template establishes the formation of a multi-member limited liability company in the United States for the purpose of purchasing, developing, operating, leasing and/or selling real estate properties.
- The members are responsible for managing the business and affairs of the LLC and may appoint one or more managers to delegate that authority to.
- Provisions for admitting new members and for existing members to transfer their interest.
- Provisions for tax and accounting procedures. The LLC is treated as a partnership for U.S. federal tax purposes.
- Provisions for dissolution of the LLC, liquidation and distribution of the assets on a pro rata basis after payment of the LLC's obligations.
- This is a U.S. template which can be used in most states. Check with the Secretary of State in your area to find out what else is required.
- An LLC can be a cost-effective and efficient structure for a real estate developer.
$19.99
