REALWorld Law

Sale and purchase

Agreements with public bodies

Is it possible to enter into specific development agreements with relevant public authorities in this country in order to facilitate a project?

Czech Republic

Czech Republic

The trend of responsible development is coming to the Czech Republic. The aim is to design new development in a broader context of the city with an emphasis on its location, such as revitalization of brownfields, and more sensitive adaptation to local conditions. Thus, the development agreements or cooperation agreements may be concluded between the developer and the municipality. But, the legal regulation of these agreements remains fragmented and it requires diligent and usually long negotiations between the parties to stipulate the transparent and clear conditions under which the developer will access the respective area.