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Land Owner And Developer Agreement Template for New Zealand

A comprehensive legal agreement governed by New Zealand law that establishes the relationship between a land owner and a property developer for the development of land. The agreement details the rights, obligations, and commercial arrangements between the parties, including development permissions, financial terms, timing, and risk allocation. It incorporates requirements under New Zealand's Resource Management Act 1991 and other relevant legislation, while addressing specific local authority requirements and potential M����ori land considerations where applicable.

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What is a Land Owner And Developer Agreement?

The Land Owner And Developer Agreement is a crucial document used in New Zealand property development projects when a landowner wishes to engage a developer to undertake development on their land. This agreement type is particularly relevant in the New Zealand context where development must comply with the Resource Management Act 1991 and various local authority requirements. It establishes the commercial relationship between the parties, sets out development rights and obligations, details financial arrangements, and addresses consent requirements. The agreement typically includes provisions for resource consents, development timeframes, risk allocation, and profit sharing arrangements. It may also need to address specific considerations such as iwi consultation, heritage protection, or infrastructure requirements depending on the property's location and characteristics.

What sections should be included in a Land Owner And Developer Agreement?

1. Parties: Identification and details of the land owner and developer, including company registration numbers and addresses

2. Background: Context of the agreement, description of the land, and overall development intention

3. Definitions and Interpretation: Defined terms used throughout the agreement and rules of interpretation

4. Development Rights: Grant of rights to the developer to access and develop the land

5. Development Obligations: Developer's core obligations regarding the development, including timeframes and standards

6. Land Owner Obligations: Land owner's obligations including providing access and cooperation

7. Development Process: Detailed steps of the development process, including approvals and consents

8. Financial Terms: Payment terms, profit sharing, and financial obligations between parties

9. Resource Consents: Obligations and process for obtaining necessary resource consents

10. Title and Ownership: Provisions regarding land title, subdivision, and ownership arrangements

11. Risk and Insurance: Allocation of risks and required insurance coverage

12. Default and Termination: Events of default, remedies, and termination provisions

13. Dispute Resolution: Process for resolving disputes between parties

14. General Provisions: Standard legal provisions including notices, assignment, and governing law

What sections are optional to include in a Land Owner And Developer Agreement?

1. M����ori Land Provisions: Required when development involves M����ori land or interests

2. Heritage Protection: Required when the site contains heritage elements requiring protection

3. Environmental Management: Detailed environmental obligations when site has specific environmental sensitivities

4. Infrastructure Contributions: When development requires significant infrastructure upgrades or connections

5. Marketing and Sales: Required when agreement includes provisions about marketing and selling developed properties

6. Staged Development: When development will occur in multiple stages

7. Community Consultation: When development requires specific community engagement processes

8. Joint Venture Provisions: When arrangement is structured as a joint venture rather than straight development agreement

What schedules should be included in a Land Owner And Developer Agreement?

1. Schedule 1 - Land Description: Detailed legal description of the land including title references and plans

2. Schedule 2 - Development Plans: Architectural and engineering plans for the proposed development

3. Schedule 3 - Development Program: Detailed timeline and milestones for the development

4. Schedule 4 - Financial Terms: Detailed financial calculations, profit share arrangements, and payment schedules

5. Schedule 5 - Consent Requirements: List of required consents and approvals

6. Schedule 6 - Design Guidelines: Specific design requirements and standards for the development

7. Schedule 7 - Construction Requirements: Detailed construction specifications and standards

8. Schedule 8 - Insurance Requirements: Specific insurance policies and coverage requirements

9. Appendix A - Due Diligence Results: Summary of due diligence investigations and findings

10. Appendix B - Professional Team: List of key consultants and contractors involved in the development

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

New Zealand

Publisher

Genie AI

Cost

Free to use

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