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Alex O’Connor

ALEX O CONNOR

Overage clauses

7 March 08

Question: I own a commercial building that a developer wants to buy but will only pay the current use value. The land will be worth four times as much when it receives planning. Would an overage clause be a good idea?

Alex OConnor

Overage clauses

15 February 08

Question: I am a housebuilder who has agreed to pay overage to the seller of land. The seller requires a restriction against the title at the Land Registry. How do I stop this affecting plot sales?