Cost-Sharing

As a natural extension of our real estate and land development practice, Brattys LLP has been a leader and innovator in the establishment of cost sharing groups amongst landowners - whether experienced developers or otherwise. Our knowledgeable and experienced team handles the negotiation of cost sharing and funding agreements to govern the relationship between a community of landowners on the long and often complicated road to developing their lands.

Over the last three decades, our unique position in the real estate industry has given us an incomparable and comprehensive insight into the needs of landowners issues and considerations which must be addressed in entering into these types of arrangements–including, for example, the nature and scope of community use lands and community construction costs to be shared amongst the owners, determination of compensation values, identification and allocation of external servicing costs, priority of distributions, etc.

Our firm has been involved in the innovation, negotiation, and implementation/administration of numerous agreements with various municipalities and other authorities, including without limitation, development charge agreements, front-ending agreements, servicing agreements and many others, in respect of the funding and construction of large-scale infrastructure and development charge financing/credit arrangements.

As part of our work, we have built strong and successful relationships with municipal and government authorities at all levels, further solidifying our prestige in the industry, and allowing us to finalize and implement efficient and effective development solutions for our clients. Our goal is to work with landowners in order to reach a fair and equitable agreement which is easy to understand and administer, and covers the rights and concerns of the members of the landowners group.