Drafting Development Documentation - A Practical Guide for Advisers

Introduction

Development work involves complex documents containing tricky clauses. It is all too easy to get the drafting of these clauses wrong, especially if you are not used to the terminology used, or the implications of specialist areas of law such as planning and construction. Similarly, it can be difficult to know what amendments to make to these clauses when receiving a document from the other side.

This virtual classroom seminar will focus on some of the key development documents - considering the initial drafting of clauses as well as the drafting of amendments to clauses. What might you encounter in practice and how should you respond on behalf of your client?

What You Will Learn

This live and interactive course will cover the following:

• Development sale agreements conditional on planning
• A brief introduction to planning
• How to define the condition and how is it satisfied
• Timing issues
• What obligations should be imposed on the parties
• Waiver and termination rights
• Options
• Option period including extensions to an initial period
• Pre-conditions to the exercise of option
• Form and service of option notice
• Development Agreements for lease
• Dealing with variations to works
• Defining practical completion
• Measurement issues
• Termination Provisions
• Overage Agreements and provisions - the main issues to consider

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.