ABSTRACT
To take a piece of raw land, lay it out into building lots and streets, install needed services such as sewers and water lines, erect houses or apartments, and sell or rent them to occupants is obviously a complex and highly involved process, or series of processes. For simplicity's sake, this chapter will consider these processes as all carried out by a single firm, to be called "developer." But several persons or firms-land assembler, broker, site planner, builder, subcontractor, sales agent among them-might also be involved with the developer. A variety of such specialists might work together on some basis to carry out some or all the processes here
ascribed to the developer. The more firms involved, the greater will be the problems of interrelationship.
