The biggest difference is that DMA is carried out by a Project Management company who does not have a strong balance sheet.
A Land Development Agreement, or what we refer to as an LDA, is a type of joint venture agreement designed to make you a LOT more money than you would earn by just selling your land.
Here is a short checklist to consider.
Before you enter a Land Development Agreement, or if you have an offer to consider, you must ask these questions before proceeding.
1 - Will I receive payments prior to the land being developed?
2 - What is my risk?
3 - Is my downside covered?
4 - What are my tax liabilities?
5 - What is my land really worth?
Resi Ventures offers a no obligation assessment of your land value to assist in answering these questions.
Call 1300 031 260 for more information and to book an appointment.