These materials are in two parts. The first represents precedent clauses for use in an agreement for purchase and sale of unsubdivided lands, designed to respond to the issues that typically arise during the subdivision process. The second part deals with development agreements and stop orders. It comments extensively on Focaccia Holdings and 1681625 Alberta Ltd. v Parkland Beach 2014 ABCA 132 and its implications for developers, lot purchasers, financial institutions and municipalities.
This paper is part of a collection presented at LESA’s Commercial Real Estate program in May, 2015.