Event Details

Options & Overage - key issues and drafting tips

Wednesday 14 March 2018 14:00 - 17:00

WEDNESDAY 14 MARCH 2018 – 2.00 – 5.15 PM

 

Registration:              1.30 pm
Venue:                       The Carlton Hotel, East Overcliff, Bournemouth.  BH1 3DN
Please note the entrance to the car park is in Grove Road.   There is no charge for BDLS delegates to park at the hotel – they will just need to let Reception have their car registration number when they arrive
Cost:                            £100.00 – Member and Associate Members of BDLS/Trainee Solicitor
                                    £125.00 – Non Member of BDLS                                                                         3 hours CPD

This course will explore a number of practical issues for transactional commercial property lawyers dealing with development work.   The course will focus on what can go wrong and drafting issues as well as highlighting recent case law and lessons to be learned:

  1. Option Agreements
  • Key clauses and definitions for option agreements
  • The effect duration and registration of options
  • A review of perpetuity
  • What causes problems with option agreements?
  • How can option agreements be protected?
  • An examination of recent case law
  1. Overage
  • Drafting issues for overage clauses
  • Protecting overage – the choices available
  • What do we need to look out for
  • An examination of recent case law

This lecture will be presented by IAN QUAYLE - qualified as a solicitor and worked in private practice for 12 years specialising in property law matters. Since 1998 he has worked as a consultant for national housebuilders, national and international property developers in relation to all aspects of property, landlord and tenant law with a particular interest in defective title issues.

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