13—Staged development and development contracts
(1) If
the scheme description indicates that the community parcel is to be (or is
likely to be) divided in stages—
(a) the
land to be divided in a subsequent stage must be shown on the community plan
as a development lot; and
(b)
the developer must execute a development contract requiring him or her to
apply for division of that land at a later date in accordance with the scheme
description. 1
(2) If
the scheme description indicates that the developer is to (or is likely to)
erect buildings or other improvements on a development lot or the common
property, the developer must execute a development contract requiring the
developer to erect the buildings or make the improvements in accordance with
the scheme description.
(3) If the scheme
description indicates that a community lot is to be (or is likely to be)
divided or otherwise developed in a particular manner or for a particular
purpose, the developer must execute a development contract requiring
the developer to divide or develop the lot in that manner or for that purpose.
(4) Successive owners
of the community lot are bound by the contract referred to in
subsection (3).
Explanatory Note—
1 A developer can be required by a development
contract to divide a primary, secondary or tertiary parcel in stages. A part
of the parcel (a development lot) is set aside for this purpose. A developer
can also be required by a development contract to divide a primary lot by a
secondary plan or a secondary lot by a tertiary plan (see
subsection (3)). Although this division occurs after the division of the
primary or secondary parcel it is not referred to in this Act as staged
division.