Partner Address at NAREDCO: Re-thinking Joint Development Agreements

At the NAREDCO annual forum, an MMRCA partner delivered a keynote on restructuring joint development agreements to reduce tax leakage and improve sponsor-landowner alignment on completion timelines.

Session highlights

The address covered revenue-sharing versus area-sharing models, TDR treatment, and GST implications on transfer of development rights.

Case studies illustrated how poorly drafted JDAs create disputes at the handover stage and complicate lender security enforcement.