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Date: 30 Oct 24

The Ultimate Guide to Property Joint Ventures

Overview

Hosted by The Urban Developer in partnership with McCullough Robertson, this 1.5-hour virtual course is your essential guide to structuring and managing property joint ventures (JVs). Designed for developers, landowners, and investors, it provides the tools to navigate the complexities of JV agreements in property development.

The course covers the key components of JV agreements, including roles, profit-sharing, and construction funding. It also explores various JV types while clarifying legal and practical aspects such as consultant appointments, decision-making, and dispute resolution.

With real-world case studies and insights from legal experts, attendees will leave with actionable knowledge to structure successful joint ventures. An interactive Q&A session allows participants to address their specific questions.

Course Outline

PART ONE
Introduction to Joint Venture Agreements

  • Overview: Purpose and importance of JV agreements in property development.

  • Types of JVs: Landowner-Developer, Developer-Developer, Investor-Developer, Builder-Developer.

  • Why Every Project Needs a JV Agreement: Clarifying roles and addressing common misconceptions.

PART TWO
Key Components of a Joint Venture Agreement

  • Roles and Obligations.

  • Profit Sharing & Development Fees.

  • Construction Funding & Guarantees.

PART THREE
Managing the Development: Key Clauses

  • Appointment of Consultants.

  • Naming & Branding Rights.

  • Project Control Group (PCG) & Decision Making.

PART FOUR
Practical Considerations and FAQs

  • FAQs: Legal validity across states, costs, and time considerations.

  • Common Pitfalls: Avoiding challenges in dispute resolution processes.

PART FIVE
Case Studies & Open Q&A

  • Real-Life Examples: Analysis of two JV case studies with legal frameworks and outcomes.

  • Q&A Session: Open discussion to address attendee-specific questions.

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