Options, Promotion Agreements & Pre-emption Rights - A Practical Guide

Introduction

This virtual classroom seminar considers options, promotion agreements and rights of pre-emption drawing on the speaker's considerable experience.

Which is the best option for your client - an option or a promotion agreement?

What are the issues that affect your decision, whether acting for a landowner or a developer?

How do rights of pre-emption work, and what are the issues to look out for?

Being highly complex documents there are many pitfalls for the unwary - this live session will enable you to learn how to avoid the problems!

What You Will Learn

This live and interactive session will cover the following:

• Options
• Put and call options
• Option periods
• Pre-conditions
• Exercising on whole or part of the land
• Exercising the option - form and service of notice
• Tax issues
• Land Registry issues
• Promotion Agreements
• Advantages and disadvantages for landowner and promoter
• Planning obligations
• Disposal obligations
• Tax issues
• Pre-emption Rights
• When are the rights triggered?
• Protecting the rights at the Land Registry

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.