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A joint development agreement (JDA) is a specific type of project arrangement in the real estate sector where the landlord provides the land and developers handle the development process. There are two main types of JDAs: revenue sharing, where the landlord receives a share of the sales revenue, and developed area sharing. These agreements have unique tax implications that differ from standard purchase and sale transactions, which will be explained in this video. Subscribe for more clear explanations of finance concepts from Cleo.
