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Service agreements are contracts between a customer or client and the person or business providing the service. It defines the relationship, the responsibilities of each party, the compensation or payment and the services that will be provided, among other things.
A development agreement is a voluntary contract between a local jurisdiction and a person who owns or controls property within the jurisdiction, detailing the obligations of both parties and specifying the standards and conditions that will govern development of the property.
Related Definitions Disposition and Development Agreement (DDA) means an agreement that sets forth requirements for the sale, lease, exchange acquisition, or disposal of real property owned by the Agency, where a specific type of project is developed.
Agreement for leaseThis type of agreement is used where a tenant commits to taking a lease of a property once the developer has built the property according to the agreement. The mechanism for settling the initial rent is set out in the agreement but is usually linked to the floor area built.
A development agreement is a voluntary contract between a local jurisdiction and a person who owns or controls property within the jurisdiction, detailing the obligations of both parties and specifying the standards and conditions that will govern development of the property.
A development agreement is a legally binding contract between a property owner or developer and a local government, often including terms not otherwise required through existing regulations.
The development services agreement is a contract between the client and the service provider. It outlines all of the responsibilities each party has, including payments for work completed and termination procedures if necessary. A development services agreement is sometimes called a DSA.
The three most common contract types include:Fixed-price contracts.Cost-plus contracts.Time and materials contracts.
A development agreement is a legally binding contract between a property owner or developer and a local government, often including terms not otherwise required through existing regulations.