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Finger on the trigger

By: Language: English Series: Estates Gazette ; (0811) 22 March 2008, 84-86(3)Publication details: 2008Subject(s): Summary: Examines the complex legal framework known as overage, which enables parties other than the landowner to share in an increased value of land. A seller may be entitled to a share of increased value even after the time of sale. Most property deals contain some measure of overage. Such conditions are normally invoked upon one of two trigger events occurring: planning and development. Considers the length of overage rights, methods of protecting those rights, and ways in which overage value may be calculated. Provides an overview of emerging trends as the laws of overage continue to develop.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L142954 (Browse shelf(Opens below)) 1 Available 142954-1001

Examines the complex legal framework known as overage, which enables parties other than the landowner to share in an increased value of land. A seller may be entitled to a share of increased value even after the time of sale. Most property deals contain some measure of overage. Such conditions are normally invoked upon one of two trigger events occurring: planning and development. Considers the length of overage rights, methods of protecting those rights, and ways in which overage value may be calculated. Provides an overview of emerging trends as the laws of overage continue to develop.