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What is an Option Agreement?
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An Option Agreement is a legally binding contract between two parties – the landowner and the purchaser (often a developer) of the option. In summary, an option agreement provides a mechanism for a potential land transaction, allowing the buyer to secure the right to purchase the property within a specified timeframe. Purpose and Structure: The…
How do I partner with a property developer?
18 June 2024
Collaborating with a property developer can serve as a strategic decision to capitalise on opportunities and minimise potential risks. Below are a few guidelines to keep in mind when establishing a joint venture (JV) with a property developer. Understand the Basics of JVs: A JV is a collaborative effort with a third party aimed to…
Renters’ Reform Bill – 2nd reading
11 October 2024
The Renters’ Reform Bill represents a significant legislative effort to enhance the rights and protections of tenants within the private rental sector. The Renters’ Reform Bill is a cross-party bill that originated with the Conservative Party in May 2023, but it did not finish all its parliamentary stages before the dissolution of Parliament earlier this…