1- Are the JDA contract, the contracting authority contract and the construction contract the same document? If the owner(s) retain their share of the built-up area, the construction contract(s) must be concluded with the developer and the developer must be registered. Stamp duty and registration fees are 2% of the construction costs and this document must be registered at the sub-register office responsible for the location of the property. You should first consult your lawyer and accountant before comparing the terms with the developer and following their advice during the project. However, the following directive can be regarded as a general directive. Each limited partner makes the initial capital contributions provided for in the joint development agreement and the top-up contributes US$500,000 in cash to the partnership. . . .