Posted by : Henry Goulding
| Date posted : 07/02/2012
The complexities of overage arrangements are legion and, indeed, whole books are written on the subject. The aim of this article is to give land agents and landowners some pointers to be considered early in the negotiations leading to heads of terms. The hope is that this will reduce the scope for a transaction to get bogged down at a later stage when the lawyers start disagreeing over details.