Drafting a contract conditional on planning
This practice note on drafting a contract conditional on planning provides comprehensive but concise guidance on the essential issues to consider when drafting contracts of this nature such as the parties’ endeavors’ obligations, unreasonable conditions, planning agreements, planning gain, planning challenges and termination provisions.
This practice note is part of the contracts topic which in itself is part of a wider suite of resources on transferring property and which includes guidance on options and pre-emptions, transfers, land registration and the transaction management.
Our succinct practice notes are designed to be read in six minutes or less, with checklists, precedents and tools such as workflows and calculators are built to ensure you can do just that. This practice note is no exception, and is just one of a series of practice notes providing practical guidance on the contracts for the sale or purchase of property.
The contracts topic is part of a wider resource bank on transferring property which includes guidance on options and pre-emptions, transfers, land registration and the transaction management of a portfolio commercial property sale or purchase.
All of these resources and more are available to users with a subscription to Lexis®PSL Property.
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