Exclusive Negotiation Agreement
1 definitions

An agreement between the City/Agency/Authority and the developer specifying a period of time in which the parties will negotiate exclusively on a development project. The ENA binds both parties (private and/or public) from making any similar deals with the other parties for a specified period. It shows the Developer has represented its willingness and ability to undertake certain studies, plans and other activities necessary to define the scope of a development and determine the feasibility of such development on a particular site. The Agreement shall serve as the basis for entering into a Disposition and Development Agreement (DDA).

FK Reading Ease
19.5

FK Grade Level
Graduate School
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