REALWorld Law

Planning / zoning

Statutory agreements

As well as obtaining a permission, is it possible or necessary to enter into agreements with local or governmental authorities or agencies or with utility suppliers in order to facilitate the carrying out of development?

United Arab Emirates - Abu Dhabi

United Arab Emirates - Abu Dhabi

Non-binding Memoranda of Understanding are common between master developers and statutory utility suppliers. Binding agreements are common with providers of district cooling services, which are sometimes project financed. Formal agreements with local authorities are rare.