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Joint Venture Agreement Real Estate Development
I need a Joint Venture Agreement Real Estate Development under Irish law for a partnership between a property developer and a financial investor to construct a mixed-use development in Dublin, with project completion targeted for March 2025.
1. Parties: Identification of the joint venture partners and their registered addresses
2. Background: Context of the joint venture, including the purpose of the collaboration and brief description of the development project
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Joint Venture Formation: Structure of the JV, whether as a new company or partnership, and initial setup requirements
5. Purpose and Scope: Detailed description of the development project, objectives, and geographical scope
6. Capital Contributions: Initial and ongoing capital contributions from each party, including property, cash, or other assets
7. Ownership and Profit Sharing: Distribution of ownership interests and mechanism for sharing profits and losses
8. Management and Control: Governance structure, decision-making processes, and voting rights
9. Development Process: Steps in the development process, including planning, construction, and completion
10. Financial Management: Banking arrangements, accounting practices, and financial reporting requirements
11. Transfer of Interests: Restrictions on transfer of ownership interests and right of first refusal provisions
12. Termination: Events triggering termination and consequences of termination
13. Dispute Resolution: Procedures for resolving disputes between the parties
14. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Property Acquisition: Include when the JV needs to acquire property rather than developing already-owned land
2. Construction Management: Include when one party will specifically manage construction activities
3. Sales and Marketing: Include when the agreement covers the sales phase of the development
4. Intellectual Property: Include when the JV involves significant brand or design elements
5. Employment: Include when the JV will directly employ staff
6. Environmental Compliance: Include when the development has significant environmental considerations
7. Financing Arrangements: Include when external financing will be required
8. Insurance: Include detailed insurance requirements when significant insurance coverage is needed
1. Schedule 1 - Property Details: Detailed description of the development property including title information and plans
2. Schedule 2 - Business Plan: Detailed business plan including development timeline and financial projections
3. Schedule 3 - Capital Contributions: Detailed breakdown of each party's capital contributions and timing
4. Schedule 4 - Development Budget: Detailed construction and development budget
5. Schedule 5 - Management Structure: Organizational chart and management responsibilities
6. Appendix A - Planning Permissions: Copies of existing planning permissions or requirements
7. Appendix B - Professional Appointments: List of key professional appointments (architects, engineers, etc.)
8. Appendix C - Form of Shareholder Resolution: Template for shareholder resolutions
9. Appendix D - Project Timeline: Detailed project milestones and completion dates
Authors
Real Estate
Construction
Property Development
Urban Planning
Financial Services
Infrastructure
Commercial Property
Residential Property
Mixed-use Development
Sustainable Development
Legal
Real Estate
Development
Finance
Risk Management
Corporate Development
Investment
Operations
Planning
Construction
Commercial
Real Estate Director
Development Manager
Property Investment Manager
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Project Manager
Construction Manager
Investment Director
Land Acquisition Manager
Planning Director
Risk Manager
Corporate Finance Director
Operations Director
Commercial Director
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