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I plan to negotiate with the owner of a piece of land to contribute their land in exchange for equity in a commercial real estate project. A shopping and entertainment center (mall) will be built on the land. The owner of the land will be a shareholder of the company that owns the mall. The land is located in an African country where the commercial real estate sector is in its infancy. The MoU should be flexible enough to be used for a similar operation in other African countries. There is no need to research the law in these various countries at the MoU stage. When it comes time to signing a detailed contractual agreement, a local lawyer will be involved.
The main purpose of the MoU is to convince investors that the project has access to land in excellent locations, which has already been identified, and that the land owner is on board.
I need a simple MoU which I can sign with interested parties before we reach the stage of a detailed contractual agreement.
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