A landowner giving their land to a developer in return for a share of the units to be built.
The landowner receives flats instead of money and the developer finances the construction. The split, the delivery period and the penalty for delay are set in the contract.
The most critical clauses are the security and delivery terms. Land-share contracts are drawn up before a notary and can be annotated on the deed; the annotation protects the landowner.
Related terms
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