Indemnity Agreement With Private Developer And Compulsory Purchase Order (CPO)

This document is an agreement between an acquiring authority and a private developer in which the acquiring authority agrees to fund and assist the private developer with a compulsory purchase order (CPO), and the private developer agrees to assist the acquiring authority with the CPO process and pay the acquiring authority all costs incurred during the process and all compensation payable.

• The agreement should outline the roles and responsibilities of the acquiring authority and the private developer

• The agreement should identify the property or properties to be acquired under the CPO

• The agreement should specify the compensation to be paid to the private developer by the acquiring authority

• The agreement should identify any conditions attached to the CPO or the indemnity agreement