Legal disputes arising from development agreements and site assembly plans have increased in recent years; developments which were at one time financially viable became more perilous as a result of the economic downturn, and funding became harder to come by. However, the principal development agreement would still be in place to ensure full performance for both landowner and developer. Our commercial property solicitors are able to advise and resolve disputes for both landowners and developers regarding development agreements.
Specific pressure points which may cause grounds for dispute could include:
- Whether a developer has done all it can to proceed with the development
- Whether a right to terminate has been triggered as a result of conditions in the agreement not being met
- Whether excess charges are payable
