Property Sale Conditions – help!?

Articles, Land, News on February 21st, 2010 No Comments

What on earth does this mean?: “The purchasers will be required to enter into a covenant obliging the purchases and their successors to title to pay the vendor an overage sum equal to 50% of the uplift in the value of the land for the next 25 years (such an uplift being the difference between [...]

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