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Updated over 11 years ago on . Most recent reply

User Stats

22
Posts
3
Votes
Chris H.
  • Winter Park, FL
3
Votes |
22
Posts

CA/NDA Question

Chris H.
  • Winter Park, FL
Posted

First post here on BP! Let me give you some background to help you answer my question.

I have found a wonderful site in a great neighborhood near downtown Orlando. It happens to be a great opportunity for the redevelopment. However, the property is not currently on the market. With its outstanding location and vacinity to downtown this has a chance to be a one of a kind mixed use redevelopment. At this current time I believe that no one else is looking at this site for redevelopment. So here lies the problem: I have this mixed use concept/idea that I would like to present to a seasoned developer that has access to capital. My fear is that I will present the idea and then the developer will steal my idea.

Is there a way to protect myself with a CA/NDA so I dont get left out in the "cold?" If the only thing I am bringing to the table is the idea do I have a leg to stand on as far as getting a developer to sign my CA/NDA?

Ideally I would partner up with someone, raise money through a PPM and eventually develop. Project costs will run about 25M-35M. Numbers are preliminary (obviously, but based on recent projects in the area.

Really just looking for a way to protect my idea!

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