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The Land-Development Partnership Between Owner and Developer: Three Models, Default Traps, and the Regulatory Track That Protects Everyone
“The land is mine, the construction is yours” — the market’s most famous partnership formula, and its most dangerous when written with an old-school mindset. A complete guide for landowners and developers: the three partnership models (unit split, profit share, and the institutional off-plan model), how Council of Ministers Decision 196 officially recognized development on third-party land with an official model agreement and a bank escrow account, the golden rule “mortgage for the project, not the contractor,” delay compensation and the substitute-developer mechanism — plus the decision matrix for when to enter a partnership and when to walk away immediately.
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