Rights of pre-emption are widely used within a variety of property transactions and give the right to someone to have the opportunity to buy land or property before the landowner offers it to a third party.
However, to ensure that a right of pre-emption is more than just a promise and legally enforceable, the arrangement must be properly drafted and documented and protected by registration at Land Registry.
The Commercial Property Team at Pickerings Solicitors can assist with the negotiations involved with Pre-emption Agreements and ensure clear and comprehensive drafting.
Please call 01827 317070 for further advice or email: comprop@pickerings-solicitors.com