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

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


16 Oct 2024

9:30 AM ‐ 12:30 PM

With a SmartPlan £144

With a Season Ticket £160

Standard price £320

All prices exclude VAT
Intermediate: Requires some prior subject knowledge
3 hours
Group bookings
email us to discuss discounts for 5+ delegates


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.