| gen. |
соглашение о совместном строительстве (A joint development agreement is an agreement between a land owner or owners and the builder/promoter regarding any real estate joint venture project. A joint venture is one where a land owner with a vacant land or land with building enters an agreement with the builder to construct new projects. This way, the capital, construction and legal work will be carried out by the builder whereas the land will be provided by the builder. Usually the land owner and the builder shares the profit in the ratio of 60:40 which may differ based on location, construction cost, development cost etc.  sulekha.com Alexander Demidov) |
