Overage payments on development land
Language: English Series: Estates Gazette ; (9138) 28 September 1991, 210-213(2)Publication details: 1991Subject(s): Summary: On the sale of freehold land with long-term development potential, but no immediate prospect of the grant of planning permission, a vendor may wish to reserve the right to receive an overage payment if planning permission is granted at some time in the future. This article examines the problem of securing such a future contingent payment on land. (Journal abstract)| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS45350 (Browse shelf(Opens below)) | 1 | Available | 52488-1001 |
On the sale of freehold land with long-term development potential, but no immediate prospect of the grant of planning permission, a vendor may wish to reserve the right to receive an overage payment if planning permission is granted at some time in the future. This article examines the problem of securing such a future contingent payment on land. (Journal abstract)