Standard contract conditions can be injurious to health
One of the ways in which a land owner can shoot himself in the foot is to sell off part of his land without paying sufficient attention to the wording of the terms dealing with the ancillary rights that are to pass to the buyer. Failing such attention, the right, for example, to the passage of soil, water, gas and electricity through specified conduits and cables could (until money smoothes the way) present a serious obstacle to the development of the retained land.
The main points requiring attention at the drafting stage may be found in
Standard contract conditions can be injurious to health
One of the ways in which a land owner can shoot himself in the foot is to sell off part of his land without paying sufficient attention to the wording of the terms dealing with the ancillary rights that are to pass to the buyer. Failing such attention, the right, for example, to the passage of soil, water, gas and electricity through specified conduits and cables could (until money smoothes the way) present a serious obstacle to the development of the retained land.
The main points requiring attention at the drafting stage may be found in Normal service will be resumed Estates Gazette 16 November 2002, p192, where Quentin Smye, of Wragge & Co, and legal indemnity specialist Sandra Symonds, of Rowett Insurance Group, also consider how to deal with the buyer (or his successor) who appears to have the whip hand.
