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Revised Development Agreement THIS REVISED DEVELOPMENT AGREEMENT (Agreement) is made effective as of ___ 2018 by and among Downtown Salisbury, Inc., a North Carolina nonprofit corporation (DSI), the
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Review the original development agreement to understand the changes that need to be made.
02
Identify the specific sections of the development agreement that need to be revised.
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Make the necessary edits to the agreement using track changes or a different color font to highlight the changes.
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Review the revised agreement with all parties involved to ensure all changes are accurate and acceptable.
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Finalize the revised development agreement by obtaining signatures from all parties involved.

Who needs revised development agreement?

01
Businesses entering into a new development agreement with another party.
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Parties who have identified errors or changes that need to be made to an existing development agreement.
03
Legal entities who require a legally binding document outlining the terms and conditions of a development project.
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A revised development agreement is an updated contract that outlines the terms and conditions for a development project, often reflecting changes to the original agreement due to new circumstances or requirements.
Developers and project owners who have made changes to their original development agreements are typically required to file a revised development agreement.
To fill out a revised development agreement, one must provide updated information, specify the changes made from the original agreement, and ensure that all parties involved review and sign the document.
The purpose of a revised development agreement is to legally document changes to the project terms, ensuring all stakeholders are aware of and agree to the new conditions.
Information that must be reported includes the changes to the project's scope, timelines, budgeting, and any alterations to regulations or compliance requirements.
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