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Collaborating with a property developer can serve as a strategic decision to capitalise on opportunities and minimise potential risks. Below are a few guidelines to keep in mind when establishing a joint venture (JV) with a property developer. Understand the Basics of JVs: A JV is a collaborative effort with a third party aimed to…
What is an Option Agreement?
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An Option Agreement is a legally binding contract between two parties – the landowner and the purchaser (often a developer) of the option. In summary, an option agreement provides a mechanism for a potential land transaction, allowing the buyer to secure the right to purchase the property within a specified timeframe. Purpose and Structure: The…
How do I get rid of a difficult tenant?
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Dealing with difficult tenants can be challenging, but it’s important to approach the situation carefully and in accordance with the law to avoid legal issues. We are here to help you manage your tenants. Please feel free to reach out to us if you require any assistance in this regard. Here are some steps you…