RECORDED WEBINAR: Property Development Agreements – Drafting to Reduce State Tax Exposure

Development agreements deal with a landholder and developer over land developments. Drafting them has big implications on state tax liability. This session explores the issues, including:

• Structuring of sale price and other monies payable on a sale development agreement
• Structural issues on a services development agreement – avoiding duty triggers
• Avoiding creating a trust over land subject to the agreement
• Ensuring each party has control over costs and revenue of development
• Risk allocation in different types of development agreement
• Security and finance issues in the agreement – existing mortgages and encumbrances
• Timing duty liabilities to coincide with receipt of income
• Spotlight on Victoria’s economic entitlement provisions
• Case study – adjusting the agreement to the development: a tax perspective