[To be printed on headed notepaper of applicant including full contact details] HMRC SDLT Deferment Applications [[insert relevant HMRC address]] United Kingdom Dear...
Date [insert date of deed] Parties 1 [insert name of party giving the covenant] of [insert address OR incorporated in England and Wales with company registration number...
Date [insert date of deed] Parties 1 [insert name of buyer] [of [insert address] OR incorporated in England and Wales with company registration number [insert company...
Date [insert date of deed] Parties 1 [insert name of buyer] [of [insert address] OR incorporated in England and Wales with company registration number [insert company...
Date [insert date of deed] Parties 1 [insert name of seller] of [[insert address] OR incorporated in England and Wales with company registration number [insert company...
Date: [insert formal date of deed DD-month-YYYY] Parties 1 [insert name of seller ][of [insert address] OR incorporated in England and Wales with company registration...
Overage is a covenant or contractual obligation by the buyer to make an additional payment to the seller in the event that specified events occur. It is important to...
Overage (sometimes known as clawback or deferred consideration) enables a seller to benefit from an uplift in the value of land (eg where planning permission is obtained...
When a solicitor is instructed to draft and negotiate an agreement that includes receipt of overage payments, those instructions include an obligation to provide...
The ScheduleOverage—ascertainment and payment 1 Definitions In this Schedule the following definitions apply: Buyer’s Surveyor a chartered surveyor with not less than 15...
The ScheduleOverage–ascertainment and payment 1 Definitions In this Schedule the following definitions apply: Additional Residential Unit any Residential Unit on the...
The ScheduleOverage–ascertainment and payment 1 Definitions In this Schedule the following definitions apply: Buyer's Surveyor a chartered surveyor with not less than 15...
The ScheduleOverage—ascertainment and payment 1 Definitions In this Schedule the following definitions apply: Affordable Housing Unit means: (a) an ['affordable housing...
The ScheduleOverage—ascertainment and payment 1 Definitions In this Schedule the following definitions apply: Buyer's Surveyor a chartered surveyor with not less than 15...
[insert precedent overage deed (this precedent is designed to be a schedule to be ‘bolted on’ to our front end overage deed)] The ScheduleOverage—ascertainment and...
Schedule 1 1 Definitions In this Schedule the following definitions apply: Buyer's Surveyor a chartered surveyor with not less than 15 years' experience in the...
Definitions HMRC Her Majesty’s Revenue and Customs Lease the lease of the Property dated [insert date] and made between [insert parties] SDLT stamp duty land tax as...
Definitions Deferred SDLT has the meaning as set out in clause [insert number] HMRC Her Majesty’s Revenue and Customs SDLT stamp duty land tax as provided in Part 4 of...
Date [insert date of deed] Parties 1 [insert name of seller] [of [insert address] OR incorporated in England and Wales with company registration number [insert company...
An unpaid vendor’s lien operates as a type of equitable charge giving the vendor full security in equity for payment of the agreed purchase price. It applies to freehold...
This Practice Note is about the VAT implications of overage payments. Why does this matter? Very broadly, VAT will be due on overage if the original sale giving rise to...