The deal is in the details
Series: House Builder ; 63(8) September 2004, 41-42(2)Publication details: 2004Subject(s): Summary: Provides advice on which issues developers should look out for when making land purchases and what their legal advisors should be doing for them. Stages to go through are: reviewing site plans; reporting on any title problems; drawing up heads of terms that properly reflect what both the developer and landowner want from the deal; carrying out a pre-contract planning appraisal; considering all possible ways of structuring the deal; filling in the gaps in the heads of terms; carrying out detailed searches and title investigations; and finally signing off. Stresses that if all the commercial issues are dealt with effectively early on, the form of contract should be settled with little fuss.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68247 (Browse shelf(Opens below)) | 1 | Available | 127455-1001 |
Provides advice on which issues developers should look out for when making land purchases and what their legal advisors should be doing for them. Stages to go through are: reviewing site plans; reporting on any title problems; drawing up heads of terms that properly reflect what both the developer and landowner want from the deal; carrying out a pre-contract planning appraisal; considering all possible ways of structuring the deal; filling in the gaps in the heads of terms; carrying out detailed searches and title investigations; and finally signing off. Stresses that if all the commercial issues are dealt with effectively early on, the form of contract should be settled with little fuss.