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Property schemes cover the planning, assembly and development of land through coordinated strategies and partnerships. A solicitor in this area advises on structuring joint ventures, securing option and promotion agreements, drafting and negotiating leases, easements and covenants, handling land transfer and title issues, and coordinating with planning officers, developers and landowners. They review funding arrangements, manage due diligence, register interests, and oversee option money and security arrangements. They help allocate risk and ensure compliance with planning policy and infrastructure agreement requirements.
The specialist nature of property schemes hinges on the intricate web of title, joint venture, planning, funding and infrastructure constraints. A solicitor explains the applicable titles and estates, negotiates and documents option and promotion agreements, coordinates with planning authorities, and drafts security instruments and funding arrangements to secure delivery and timely registrations within land and property schemes.
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