This checklist is for you if you are setting up a joint venture for the purposes of a UK property development joint venture – for example, between a developer and one or more investors.
The aim of the checklist is to help you avoid the wasted time and cost which often arises when there are misunderstandings about issues such as the nature of the development, the funding required and who does what.
Once you have completed the checklist, you can sign it as a non-legally-binding statement of intent. This can then form the basis of the next steps – which usually involve, amongst other things, getting formal legal and tax advice.
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LCN Legal is a law firm, which is authorised by the Solicitors Regulation Authority in England and Wales. We help property investors and property professionals to create a solid legal foundation for projects such as joint ventures, investment syndicates and funds.