What are the differences between the legal requirements of a cooperative housing contract and a cooperative development contract
1. Cooperative development usually requires the formation of An enterprise legal person or a temporary project construction command organization with no goal of real estate development and operation, while cooperative housing construction usually does not form a joint venture of any nature and only exists in the form of a contract;
2. There are many ways to invest in cooperative development, not just one party’s land use rights, one party’s Contributing funds as a method of capital contribution also includes other methods such as joint contribution of monetary funds by all parties;
3. All parties involved in cooperative development have profit-making goals. After the development project is completed, joint ventures or joint ventures usually sell the houses in exchange for monetary funds as their respective profits; while cooperative construction The parties to the house usually distribute the completed house according to the distribution agreement reached in advance, and each becomes the initial registered property owner of the corresponding part.
Essentials of cooperative housing construction contracts and cooperative development contracts
The cooperative house building contract means that one party provides the land use rights and the other party provides An agreement to jointly develop and operate land, build houses, and allocate new houses according to a prior agreement. It includes the following elements:
1. One party to the cooperative housing contract must be the party that obtains the land use rights for a fee, and the other party must be an enterprise qualified for real estate development and operation;
2. All parties involved in cooperative housing construction must jointly handle project approval procedures, joint construction approval procedures and land use right change grade procedures. If it was originally collective land or allocated land, legal approval procedures should be completed, and all parties involved in the joint construction process the initial property rights level of the newly built houses within the agreed proportion range in their own names. A cooperative development contract, that is, real estate, refers to a civil agreement between two or more enterprises, enterprises, and institutions to jointly carry out development operations and obtain development profits by signing a cooperative development contract.
The similarities between cooperative housing construction and cooperative development:
1. The parties involved are two, Two or more enterprises and institutions;
2 , all require one partner to have real estate development and operation qualifications.
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