Whether you are selling land for development or agricultural land with no present prospect of development, payment of overage may be part of the deal. An awareness of the current trends and patterns in relation to overage payments is therefore essential for every commercial property lawyer.
This multi-disciplinary conference draws on the expertise of a barrister, solicitor, valuers and accountants to give guidance on the complex, interconnected issues which arise in such cases, providing the answers to problems such as these:
- If we structure the deal in this way, what will be the tax consequences for my client?
- Will that valuation arrangement work with a property such as this?
- What will be the impact of Stamp Duty Land Tax plus other taxes - and can we mitigate their effect?
- What security does my client have in case the other party becomes insolvent?
This conference is being Chaired by Tim Smithers, a partner at Veale Wasbrough, but is being organised by CTL therefore please book online via the CLT website www.clt.co.uk.
