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Builder-Floor Collaboration Agreement

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BUILDER-FLOOR COLLABORATION AGREEMENT

BETWEEN

__________, resident of __________ ("the Owner", which expression includes the Owner's heirs and legal representatives), of the ONE PART;

AND

__________, of __________ ("the Builder", which expression includes the Builder's partners and permitted assigns), of the OTHER PART.

1. THE PLOT

2. SHARING OF THE CONSTRUCTED FLOORS

2.1 On completion, the constructed floors shall be allocated as follows:

3. TITLE AFTER COMPLETION

3.2 Until legal title to the Builder's allocated floors is conveyed and mutated as above, this Agreement is a contract to allocate and does not by itself operate as a conveyance of the Owner's title in the Plot; the extent to which it nonetheless attracts stamp duty or requires registration is addressed in the formality note above and in the notes a lawyer should check before execution.

4. COST OF CONSTRUCTION

5. POWER OF ATTORNEY

6. TIME

7. DEFAULT

8. DISPUTE RESOLUTION

9. GENERAL

9.1 This Agreement is the entire understanding between the Parties on the collaboration described above, and any variation must be in writing signed by both Parties.

OWNER

_________________
__________

BUILDER

_________________
__________

WITNESSES

1. _________________

2. _________________

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