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A development agreement is an agreement between a developer and another party to procure construction works. It includes cost, quality, and time obligations, as well as the transfer of property interest. Development funding agreements, such as forward funding agreements, offer interim financing for construction projects. Project development agreements (PDAs) are used in urban regeneration to allow government landowners to control precincts while developers defer land acquisition payment. Joint Development Agreement (JDA) involves collaboration between landowners and developers.