Course description
This live broadcast session will explain the value of owning a ransom strip and how and when to create them.
It will provide guidance towards how to calculate and structure payments for transfer of ownership or the grant of rights over a ransom strip. It will also consider practical steps to be taken by landowners to protect ownership of a ransom strip.
Presenter Peter Foskett, head of Commercial Property at Royds Withy King, will discuss the relative merits of creating a ransom strip against other approaches, and will consider what is approved in exchange for a payment and whether future ransom value should be retained. Payment of costs will also be covered, along with structuring the timing of payments for release, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This live broadcast session will explain the value of owning a ransom strip and how and when to create them.
It will provide guidance towards how to calculate and structure payments for transfer of ownership or the grant of rights over a ransom strip. It will also consider practical steps to be taken by landowners to protect ownership of a ransom strip.
What You Will Learn
This live and interactive session will cover the following:
- What is a ransom strip?
- Why own a ransom strip?
- Whether size matters?
- When to create a ransom strip
- The relative merits of creating a ransom strip against other approaches (e.g. restrictive covenants or overage provisions)
- The approach to calculating compensation for releasing a ransom
- Structuring the timing of payments for release
- Considering what is approved in exchange for a payment and whether future ransom value should be retained
- Payment of costs
- Practical steps to protect a ransom strip
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...