Overage and conditional contracts

In respect of land being sold for development or land which may have development potential conveyancers may be required to consider overage provisions or conditional contracts. This webinar will look at the key points including:

• What is overage?
  • Drafting issues
  • Trigger events
  • Securing payments
  • SDLT
• Key conditional contract issues
  • Advantages/disadvantages
  • Key requirements
  • Conditions precedent
  • Conditions subsequent