Sale of £1million property with potential for future returns

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Sale of £1million property with potential for future returns

Our client was selling part of a property for £1million. 

It is possible that the property will be developed at some point in the future and we therefore included complex Overage Provisions in the contract. 

This ensures that our client will share in any uplift in the value of the property should it obtain planning consent in the future.

Published: 31 Oct 2011


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