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The 2017 budget introduced significant changes affecting joint development agreements (JDAs), which have gained popularity recently. A JDA is a contract between a landowner and a developer where the landowner provides land to the developer in exchange for developed property. Instead of paying cash for construction, the developer builds and returns the land along with the houses. In a typical scenario, if four houses are built, the landowner retains two houses while the developer keeps the other two as payment. However, various issues can arise in these agreements, such as valuation disputes, market fluctuations, and regulatory challenges.