A property development contract is a mandate of common interest whereby a person known as a “property developer” undertakes to the project owner to carry out, for an agreed price, by means of project leasing contracts, a construction programme for one or more buildings and to carry out itself or to have carried out, for an agreed fee, all or part of the legal, administrative and financial operations contributing to the same purpose. The promoter is responsible for the performance of the obligations placed on the persons with whom it has dealt on behalf of the project owner. In particular, it is bound by the obligations arising from articles 1792, 1792-1, 1792-2 and 1792-3 of this Code.
If the developer undertakes to carry out part of the programme itself, it is bound by the obligations of a lessor of works in respect of these operations.