Cooperation agreements are rarely simple, but the potential benefits of cooperation with other landowners in the development of significant development are considerable. Flexibility is necessary given all variables (including the state of the housing market) and can be a long-term agreement. The most successful landowners have clear goals from the beginning. The most common strategies we encounter to achieve an effective fiscal balance are land pool trusts and cross options. Land Pool Trusts often includes a trust instrument (a declaration that establishes the existence of a trust), a co-ownership agreement (similar to a cooperation agreement and deals with the question of who owns which shares and how decisions are made) and a land transfer (transfer of ownership to the trust). In general, there will be a delay in obtaining a building permit, often with a second round for calls and then a delay to allow sales. In the case of larger projects where development is done in phases, this can represent a delay of 50 years. A good dispute resolution clause is necessary to ensure (unless unanimity is required) that the project can proceed in case of disagreement. Sometimes landowners want to agree on a list of experts from the beginning, even though it can be difficult to look too far into the future. To make the most of a development opportunity, it is sometimes preferable for one landowner to partner with another landowner. .

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