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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…
What is a Promotion Agreement?
15 May 2024
A promotion agreement is a legally binding contract between a landowner and a developer. It allows landowners to leverage a developer’s expertise to navigate the complexities of planning and maximise returns on their property. Promotion agreements are often used in residential developments and are particularly suitable for complex planning situations and longer-term projects. Developer’s Role: …
How do I get rid of a difficult tenant?
29 April 2024
Dealing with difficult tenants can be challenging, but it’s important to approach the situation carefully and in accordance with the law to avoid legal issues. We are here to help you manage your tenants. Please feel free to reach out to us if you require any assistance in this regard. Here are some steps you…