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Joint Venture Agreement (Real Estate) Template for Ireland

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Joint Venture Agreement (Real Estate)

I need a Joint Venture Agreement (Real Estate) for a partnership between my property development company and a foreign investment firm to develop a mixed-use commercial property in Dublin, with an expected project commencement date of March 2025 and incorporating specific provisions for phased development and environmental compliance.

Document background
The Joint Venture Agreement (Real Estate) is a crucial document used when two or more parties wish to collaborate on real estate ventures in Ireland, whether for property development, investment, or management purposes. This agreement type is particularly relevant in the Irish market where joint ventures are commonly used to pool resources, share risks, and combine expertise in significant real estate projects. The document encompasses all essential elements required under Irish law, including detailed provisions for capital contributions, profit sharing, governance structures, and property-specific considerations. It must comply with Irish corporate law, property regulations, and relevant EU legislation, while also addressing practical aspects such as development plans, property management, and exit strategies. The agreement is especially important given Ireland's dynamic real estate market and its attraction to both domestic and international investors seeking structured collaboration frameworks.
Suggested Sections

1. Parties: Identification of all joint venture parties and their registered details

2. Background: Context of the joint venture, including the purpose and objectives of the collaboration

3. Definitions and Interpretation: Defined terms and interpretation rules used throughout the agreement

4. Joint Venture Structure: Legal structure of the JV, whether corporate or contractual, and establishment details

5. Business of the Joint Venture: Detailed scope of the real estate activities and permitted business

6. Capital Contributions: Initial and subsequent capital contributions, including property assets, cash, and other resources

7. Ownership and Profit Sharing: Ownership percentages, profit distribution mechanisms, and loss sharing arrangements

8. Management and Control: Governance structure, decision-making processes, and management responsibilities

9. Property Management: Specific provisions for managing real estate assets and development projects

10. Financial Matters: Banking, accounting, auditing, and financial reporting requirements

11. Transfer of Interests: Rules regarding transfer of ownership interests, including pre-emption rights

12. Default: Events of default and consequences

13. Termination: Circumstances and procedures for terminating the joint venture

14. Confidentiality: Protection of confidential information and trade secrets

15. Dispute Resolution: Procedures for resolving disputes between parties

16. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

Optional Sections

1. Development Agreement: Include when the JV involves new property development projects

2. Environmental Compliance: Include for properties with significant environmental considerations or risks

3. Intellectual Property: Include when the JV involves valuable IP rights or branding

4. Employment Matters: Include when the JV will have direct employees

5. Tax Matters: Include detailed tax provisions for complex structures or international parties

6. Competition Compliance: Include when the size or nature of the venture raises competition law concerns

7. Asset Management: Include for JVs focused on managing existing property portfolios

8. Planning and Zoning: Include when development requires specific planning permissions or zoning changes

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of all properties included in the joint venture

2. Schedule 2 - Initial Capital Contributions: Itemized list of each party's initial contributions (cash, property, or other assets)

3. Schedule 3 - Business Plan: Detailed business plan including development or management strategy

4. Schedule 4 - Management Structure: Organizational chart and management procedures

5. Schedule 5 - Reserved Matters: List of decisions requiring special approval or unanimous consent

6. Schedule 6 - Accounting Principles: Agreed accounting policies and procedures

7. Schedule 7 - Property Management Agreement: Terms for day-to-day property management

8. Schedule 8 - Development Budget: Detailed budget for development projects if applicable

9. Appendix A - Form of Shareholder Resolution: Template for shareholder resolutions

10. Appendix B - Property Reports: Technical, environmental, and valuation reports

11. Appendix C - Planning Permissions: Copies of existing planning permissions and applications

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































































Clauses















































Relevant Industries

Real Estate

Construction

Property Development

Property Management

Investment Management

Financial Services

Asset Management

Infrastructure

Commercial Property

Residential Property

Hospitality

Retail Property

Relevant Teams

Legal

Real Estate

Corporate Development

Investment

Finance

Risk & Compliance

Property Management

Asset Management

Operations

Project Management

Business Development

Corporate Strategy

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Real Estate Director

Property Development Manager

Investment Director

Legal Counsel

Corporate Lawyer

Property Manager

Asset Manager

Development Director

Investment Manager

Risk Manager

Commercial Director

Operations Director

Project Manager

Finance Manager

Compliance Officer

Property Acquisitions Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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