posted 19th September 2025
How to Protect Yourself as a Land Seller
Selling land can be a rewarding process, but it also comes with risks—especially when developers may engage in land banking rather than immediate development. Here’s how to safeguard your interests:
Set Clear Terms
Ensure that the sale agreement outlines precise timelines for development and any clauses regarding resale or reversion of the land if the developer does not act within a reasonable timeframe.
Assess the Developer’s Plans
Verify that the developer has a genuine interest in developing the land in the short or medium term, rather than purely engaging in land banking.
Use an Independent Advisor
Consult with a property advisor, land agent, or lawyer who can evaluate the developer’s track record and ensure you are receiving fair value for your land.
Negotiate Price and Terms
Consider negotiating a higher price if the developer intends to hold the land long-term, to compensate for delayed returns.
Use Restrictive Covenants
Include covenants specifying that the developer must begin development within a set timeframe, or face penalties or the option for you to reclaim the land.
Point of Contact
For expert guidance throughout this process, you can reach out to Kevan Shepherd as your dedicated point of contact. Kevan can help navigate negotiations, review agreements, and provide strategic advice to protect your interests.
