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By Andrew Butler QC & Ian Quayle

The Building Safety Act 2022 is an important and complex new piece of legislation which is causing confusion for conveyancers and other property professionals. Written by a team of practising barristers from Tanfield Chambers specialising in residential and commercial property work, this book provides a practical guide to the Act and focuses on key issues for property lawyers
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Overage

Introduction What is “overage”? What are the constituent elements of an overage clause? How long will it last? What will trigger the payment? How will the payment be secured? What are the drafting issues? In this detailed article Peta Dollar, the editor of the Property Transactions section of the site, answers these questions and more. What is “overage”? When land is sold, the vendor will normally do his best to sell at the best possible price – indeed, if the…

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