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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…
I have received a letter from a developer/ housebuilder/ promoter what should I do?
20 May 2024
This can be an indication of planning potential. Whirledge & Nott’s Development team can advise on the planning potential and the best method of securing that potential whether by way of a planning application, planning representations or indeed entering into some form of joint venture agreement such as an option or promotion agreement. If you…
What is an Option Agreement?
28 May 2024
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…