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Central Law Training is the UK’s leading provider of post-qualification training for legal professionals. Over 30 years, we’ve helped thousands of people from law firms large and small enhance their skills, increase their expertise and meet their professional development requirements. View our comprehensive suite of legal training below:

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We are the UK’s leading provider of post-qualification training for legal professionals. For 30 years, we’ve helped thousands of students and professionals from companies large and small enhance their skills, increase their expertise and meet the SRA continuing competency requirements.

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Property Development Contracts: Advanced Issues

To effectively advise and represent property developers, you need a robust grasp of specific contractual topics, including options, conditional contracts and site promotion agreements. This is an essential course if you’re seeking to consolidate your legal and practical knowledge of property development contracts. Property development is booming, despite fears that the impending Brexit would dampen development. However, property development is a complex area, and developers can be blind to the potential problems – until they are bankrupted by them.

Successfully navigating the legal and practical minefield of property development needs a firm grasp of many areas of law – and sound commercial awareness. If you are an experienced solicitor or other practitioner dealing with property and land development, this course is designed with you in mind.

Our well known and respected property expert, Hannah Mackinlay, will take you through the vital property development agreements and other documents, so that you can effectively advise your clients on the best route to take in any given transaction.

Type	Public Course
Level	Advanced
Duration	3.0 Hours
SRA	B, C

Did you know? Members can receive packages from £37.50/hour
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What you will learn

Key learning outcomes

Understand the range of contract documentation for property development
Appreciate when options can be exercised, triggers in conditional contracts, and obligations to sell
How best to liaise and communicate with other professionals and third parties

Topics covered

This course covers the documentation you need to be familiar with, including:

Exclusivity Agreements, Call Options, Put Options and Pre-emption Agreements
- What they are
- When to use them
- The advantages and disadvantages of the different agreements
- Protection under them
Options
- Pricing and valuation issues
- Timing and extension
- Control of seller's actions
- Exercising options, and protection
- Stamp Duty Land Tax (SDLT) issues
Conditional Contracts
- Triggers, e.g. what amount to 'satisfactory planning permission'
- Affordable housing and other constraints
- Defining 'onerous' conditions in a practical way
- Calculating the price-valuation points and formulae
- SDLT issues on sales and assignments
Land Promotion Agreements
- Key features and problems of land promotion agreements
- Timescale
- Valuation
- Obligations to sell
- Securing payment and dividing the spoils
- Avoiding SDLT issues
Liaison with other professionals
- The importance of being a team player with your client's consultants and advisers
- Communication and reporting issues

Speakers

Hannah Mackinlay

Details and courses

Testimonials

I found the course was very practical dealing with issues that are likely to come up in practice

Hannah is a very engaging and articulate course leader. The content was very interesting and explained well.

Available dates (2)
Tue 21 Apr 2020 - 9:30AM	Manchester	Members save up to 50% off training£255
Tue 9 Jun 2020 - 9:30AM	London	£255

Purchase course documentation
Course Notes - Property Development Contracts: Advanced Issues	£60

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