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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 399159
 
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Development Agreements and Vested Rights

Live Webinar
July 27, 2017
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

If you do not have a vested right to complete your land development project, how can you protect yourself from changes in zoning regulations?

Starting with California in 1979, many states have adopted Development Agreement statutes which allow cities and counties to enter into contracts with landowners and developers which vest their development rights at the time of project approval.

This topic will familiarize you with the practical aspects of vesting your development rights, whether through a traditional constitution-based approach, reliance on a statute such as, in California, the Subdivision Map Act, or entry into a Development Agreement with the local agency. It will address the practical considerations of each approach and the reasons why you might consider a ‘belt and suspenders' approach to vesting. With particular emphasis on Development Agreements, the material will address important negotiation and drafting considerations to achieve the best protection for the landowner. It will also look at lessons learned through litigation over development agreements.

Learning Objectives

  • You will be able to describe important considerations in the negotiation and drafting of Development Agreements.
  • You will be able to identify how to use a Development Agreement to achieve critical objectives in addition to vesting.
  • You will be able to recognize how to avoid common pitfalls in Development Agreements that can otherwise undo the benefits the landowner thinks it has obtained.
  • You will be able to discuss important considerations in the negotiation and drafting of Development Agreements.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart