Development and Joint Ventures

Creating Strong Real Estate Development Ventures

When entering into a short-term real estate partnership agreement with another business, it is important to protect your interests. Businesses often enter into joint ventures to achieve a common enterprise with another company. Clearly defining parties' obligations and goals is crucial in ensuring the success of your real estate development project.

Businesses and individuals come to the law office of Olson & Good for advice concerning a joint real estate development project. Our attorneys help to negotiate terms of joint venture agreements, goals of the venture, obligations of you and your partner, and other aspects of the relationship.

Contact our firm for more information about how we can help you protect your assets and interests in joint ventures.

Considerations When Entering Into a Real Estate Development

These agreements generally form a short-term partnership between businesses. Joint ventures require creating clear definitions about rights and responsibilities of parties to a partnership. Our real estate lawyers draft pre-formation agreements concerning start-up issues, financial arrangements, and operating agreements. You also must consider the winding down of the real estate development venture. What will happen with the assets of the joint venture? Who will continue to operate the development?

Our firm represents developers in Charleston and throughout South Carolina, including the cities of Mount Pleasant, Hilton Head and Summerville, involved in a variety of real estate developments:

• Subdivisions
• Apartment buildings
• Single-family homes
• Condominium projects
• Office buildings
• Mixed use developments
• Industrial buildings

When investing a large amount of time and money in a joint venture, it is important to have a lawyer just as committed as you are to your goals and objectives. Since 1999, the lawyers at Olson & Good and attorney Clay Olson have advised businesses about the fairness of real estate deals and financing arrangements.

For more information about protecting your interests in a real estate development, contact the law office of Olson & Good today.