Development, structures and funding

Development, structures and funding guidance:

Parties 1 TO: [Insert full name of licensee][of insert address OR incorporated in [England and Wales] with company registration number [insert number] whose registered...

Precedents

Crane oversail licence Permitting a tower crane to be used in relation to the Works at [insert] This Deed is made on [date] Parties 1 [insert name of adjoining owner]...

Precedents

This Agreement is made on [insert date] Parties 1 [insert name of the Company][ of [insert address ] OR incorporated in England and Wales with company registration number...

Precedents

Agreements made under section 106 of the Town and Country Planning Act 1990 (TCPA 1990) (formerly section 52 agreements), also known as 'planning obligations' and ‘s 106...

Practice Note

This Practice Note discusses the formation of a limited partnership under the Limited Partnerships Act 1907 (LPA 1907). It also covers, among other things, the...

Practice Note

Date: [insert date of agreement] Parties 1 [insert name of Fund][of [insert address] OR incorporated in England and Wales with company registration number [insert company...

Precedents

DATE: [insert date of Licence in its full format DD-Month-Year] Parties 1 [insert full name of Authority] of [insert address] (the Authority) 2 [insert full name of...

Precedents

What are the key features of real estate finance? This Practice Note focuses on what is thought of as traditional real estate finance ie lending against the cash flow...

Practice Note

1 Definitions and interpretation 1.1 In this agreement, unless otherwise provided: Adequate Procedures (when used in clause 2) shall have the meaning given to that term...

Precedents

This Agreement is made on [date] Parties 1 [insert name of the Company] [of [insert address ] OR incorporated in England and Wales with Company registration number...

Precedents

When providing finance for any development or construction project, the lender (or funder) and its advisers will use various methods to protect the lender’s position. The...

Practice Note

It will almost always be advisable for the partners of a limited liability partnership (LLP) to enter into a limited liability partnership agreement in order to avoid the...

Practice Note

This Practice Note discusses the provisions of a limited partnership agreement for limited partnerships formed under the Limited Partnerships Act 1907 (LPA 1907). It...

Practice Note

Why have an oversail licence on a construction project? Under English law, the freehold owner of land will usually own the air space above their land unless the transfer...

Practice Note

Planning permission—does demolition count as 'development'? Under section 55(1) of the Town and Country Planning Act 1990 (TCPA 1990), planning permission is required for...

Practice Note

As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation...

Practice Note

DATE [insert date] Parties 1 [insert name] of [insert address] (the ‘Council’) 2 [insert name] of [insert address] [incorporated in England and Wales with company...

Precedents

DATE [date] Parties 1 [insert name] of [insert address] (the ‘Council’) 2 [insert name] of [insert address] [incorporated in England and Wales with company registration...

Precedents

Date: [insert date of agreement] Parties 1 [insert name of Owner][ of [insert address] OR incorporated in England and Wales with company registration number [insert...

Precedents

Date: [insert date of agreement] Parties 1 [insert name of Owner][of [insert address] OR incorporated in England and Wales with company registration number [insert...

Precedents

Structure Reasons for the contractor to form a JV There are a number of reasons why a contractor may wish to enter into a JV in relation to a development project such as:...

Practice Note

Structure Reasons for the developer to form a JV There are a number of reasons why the developer may wish to enter into a JV in relation to a development project such as:...

Practice Note

Structure This Practice Note assumes that the funder is only providing funding to the JV (ie a loan of cash where the loan will be repaid with interest), but if the...

Practice Note

Structure Reasons for the landowner to form a JV There are a number of reasons why a landowner may wish to enter into a JV in relation to a development project, such as:...

Practice Note

Structure Reasons for the investor to form a JV There are a number of reasons why an investor may wish to enter into a JV in relation to a development project such as: •...

Practice Note

Property joint ventures are typically structured in one of three ways: • contractual agreement • partnership • limited liability company Contractual agreement This is the...

Practice Note

In order to protect their respective interests, parties to a joint venture frequently arrange their voting rights or construct other control mechanisms within the joint...

Practice Note

What is an equity-sharing lease? An ‘equity-sharing’ lease is a structure which can be used as a mechanism for joint venture investment in property. In the 1970s and...

Practice Note

A property joint venture is an arrangement between two or more parties under which they combine disparate contributions in order to derive value from the development,...

Practice Note

Participating and convertible mortgages are examples of so-called ‘hybrid debt’ investments, which have both equity and debt features. They are joint venture arrangements...

Practice Note