Briefing

Heads of terms for overage

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.

If you require further information on anything covered in this briefing please contact Henry Goulding (henry.goulding@farrer.co.uk) or your usual contact at the firm on 020 3375 7000.