Overage and Clawback
Overage (also known as clawback) is an essential part of most property transactions. Indeed, it will generally be negligent for a lawyer acting for a seller not to provide for their client to receive overage if the property turns out to be worth more than was originally thought to be the case. Overage is a particularly tricky area to deal with, and this webinar will focus on the main issues to be considered, whether acting for the seller or for the buyer.
Delegates will learn the following –
- Duration of the obligation to pay overage
- Triggers for the payment of overage – planning permission, sale and others
- Calculating overage – valuation and formulae
- Securing the overage
- Tips and traps from the cases
This training is aimed at beginner/intermediate level, both residential and commercial property lawyers.
Thanks to our specialist systems, we are able to provide you with recordings and course materials which allow you to refer back to your training at any time should you wish to do so. Alternatively, if you are unable to attend the live webinar these facilities mean that you don’t have to worry about missing out and you can go about your day, reassured by the knowledge that you can carry out your required training at a time convenient to you.
A certificate of completion is also provided for delegates booking this event.
Cost: £50 pp +VAT
Have an enquiry? Call 07379 134 942 or email email@example.com