Overage and Clawback – In-House Training
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 course 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.
Training can either be delivered in person at your place of business or via live webinar to suit your requirements.
Should you opt to have your in-house training delivered by live webinar, our specialist systems give us the option to provide you with recordings and course materials which allows you and your team to refer back to the training via our website at any time should you wish to do so. Alternatively, if any of your team are unable to attend the live in-house training these facilities mean that you don’t have to worry about them missing out and you can go about your day, reassured by the knowledge that they can carry out their required training at a time to suit your business needs.
For face-to-face training, unfortunately it is not possible for us to provide recordings of the sessions however, all course training materials will still be provided.
Certificates of completion are also provided for delegates attending in-house training sessions.
Call 07379 134 942 or email [email protected] for more information or to discuss costs and a member of our dedicated team will be happy to assist you.