Selling Land to Developers

Event Details

Course Code: S4120
Speaker: Peta Dollar
Specialisations: Property,
Venue: Liverpool Law Society, 2nd Floor Helix, Edmund Street, Liverpool, L3 9NY
Date: Wednesday, 21 March, 2018
Time: 09:30 - 12:45

Members Price: £105
Non Members Price: £150
Corporate Training Offer: Free
Training Season Ticket: Free

Note: 20% Vat added at checkout

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Event Description

Developers are professional buyers of land – so your seller client is at an immediate disadvantage in dealing with them.  This session, which will look at all types of transactions from sale of a back garden to sale of thousands of acres of farmland, will look at the main issues to consider when selling land to a developer, including:

-    Conditional contracts versus options versus promotion agreements – which is best for the seller?
-    Exercising options – whole or part?
-    Overage traps
-    Exceptions and reservations
-    Future protection for the seller – restrictive covenants and easements

Those attending this course will understand the main issues to consider when acting for a party that is selling land to a developer, including
Understanding the advantages and disadvantages of using conditional contracts versus options versus promotion agreements
Understanding the issues associated with allowing options to be exercised in part
Knowing the main traps associated with overage
Knowing what exceptions and reservations will benefit the client
Understanding how to achieve future protection for the client by using restrictive covenants and easements
Relevant section re: competency statement A and B.

Peta Dollar has more than 25 years' experience in all areas of property transactional work, the last 17 as a Real Estate partner at the City of London law firm now known as Dentons. She now works as a freelance lecturer, trainer and writer, providing public and in-house courses and publishing articles in the Estates Gazette and Landlord and Tenant Review. Peta is co-author of two of the leading textbooks on the Landlord and Tenant Act 1987 and Mixed Use, site editor for The Property Law website and a member of the Consultation Board of Practical Law Company and of the Editorial Board of Landlord and Tenant Review. She delivered a Blundell Memorial Lecture in June 2017 on the interpretation of contracts.

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