Document background
The Agreement Between Developer And Landowner is a fundamental document in Malaysian property development, essential when a developer seeks to develop land owned by another party. This agreement is particularly relevant in the Malaysian context where land ownership and development rights are strictly regulated under the National Land Code 1965 and various state-level legislation. The document outlines the complete framework for the development arrangement, including property rights, development scope, financial terms, regulatory compliance requirements, and risk allocation. It is commonly used in both commercial and residential developments, requiring careful consideration of local planning laws, environmental regulations, and building codes. The agreement must comply with Malaysian contract law principles while addressing specific requirements of local authorities and state-level regulations.
