Checklist and heads of terms for property development joint venture

This document provides a checklist of key issues to consider when setting up a joint venture for property development between a developer and a private investor.

To access the checklist, click here.

Once completed, the checklist can then be signed as non-binding heads of terms.

The next steps would often include obtaining tax advice to confirm the proposed structure, and preparing suitable legally binding documents. In the case of a joint venture structured as a UK special purpose company, for example, the legally binding documents would often include a shareholders agreement, articles of association and a charge over the relevant property in favour of the investor.

We would like to thank all those who have kindly contributed their suggestions and comments to this document.