Continue reading "Overage Agreements: Dealing with the detail"
Overage Agreements: Dealing with the detail
Two recent cases have highlighted the need for careful drafting of overage provisions. Kate Wilson assesses the judgments and the points practitioners can take away ‘Biden’s actions highlighted an omission in the drafting of the overage provisions, which contained no express obligation on him to market the houses for sale once the development was completed, …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Burrows Investments Ltd v Ward Homes Ltd [2017] EWCA Civ 1577
- Sparks v Biden [2017] EWHC 1994 (Ch)