Overage payments on development land
Dore, M.
Overage payments on development land - 1991 - Estates Gazette (9138) 28 September 1991, 210-213(2) .
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)
FREEHOLD LAND
OVERAGE PAYMENTS
PLANNING PERMISSION
RESTRICTIVE COVENANTS
SALE OF LAND
VENDOR AND PURCHASER
Overage payments on development land - 1991 - Estates Gazette (9138) 28 September 1991, 210-213(2) .
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)
FREEHOLD LAND
OVERAGE PAYMENTS
PLANNING PERMISSION
RESTRICTIVE COVENANTS
SALE OF LAND
VENDOR AND PURCHASER