Video: residential development projects — important issues for developers

Q. Is it a problem if a developer needs rights over land retained by his seller or owned by a third party?

A. Yes, you are quite right, that can be a problem area.

Take a situation where the seller of a development site is retaining land over which rights to construct infrastructure are required. 

With some limited exceptions (for example, where a right to requisition may apply), the grant of rights in favour of the purchaser alone is insufficient to ensure provision and adoption (if required) of that infrastructure…

Click on the link below to watch the IBB Solicitors video or download the transcript.

 

 

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