Overage agreements are a crucial tool for landowners who want to share in the future uplift in the value of their land, particularly after development or a change in planning permission. At Lawson West Solicitors, we provide expert legal advice and services to both landowners and developers in structuring and negotiating overage agreements. Our aim is to protect your interests and ensure a fair return on your investment.
An overage agreement, sometimes referred to as a clawback agreement or up-lift agreement, is a legal arrangement where the seller of land retains a right to receive additional payments after the sale if certain conditions are met. These conditions typically involve the granting of planning permission or the development of the land that increases its value. The agreement specifies the terms under which the seller is entitled to receive a percentage of the increased value, ensuring they benefit from the future success of the land.
ContactAt Lawson West Solicitors, we offer a range of services to assist with the creation, negotiation, and management of overage agreements. Our expertise ensures that these agreements are clear, enforceable, and protect our clients’ financial interests:
If you are considering entering into an overage agreement or need advice on an existing arrangement, contact Lawson West Solicitors. Our experienced team is ready to provide expert legal guidance to help you secure your future interests.
Clients and contacts tell us what sets our team apart is the personal and professional touch and welcoming approach provided in the provision of legal advice and services within commercial property transactions and client communications. Our broad land and property expertise means you will find us informed, experienced and confident.
The team understand clients’ needs and works tirelessly to meet specific deadlines with an informed and proactive guiding hand. We look forward to helping you.
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