Using options in development transactions

Option agreements are always popular with developers as a flexible way of acquiring and assembling a development site, but there are many traps for those acting on behalf of both landowners and developers, as recent cases have demonstrated.  This webinar will look at the main issues when acting for both landowners and developers, including:

• Option land – acquiring whole or part? Issues for the landowner where parr can be acquired
• Planning issues defining planning permission
• S106 planning obligations – issues for landowners and for developers
• Defining and extending the longstop date
• Forms of option notice and methods of service
• Lessons from recent cases, including Fishbourne Developments Ltd v Stephens, Retirement Villages Developments Limited v Punch Partnerships (PTL) Limited and Hush Brasseries Ltd v RLUKREF Nominees (UK) One Ltd