"If a transportation option or contract is best suited, it depends on how narrow your involvement in the planning and promotion process is," says Simon Walker, commercial real estate lawyer at Talbot Walker in Andover. "An option agreement leaves the planning and marketing process largely in the hands of the developer. Under a transportation contract, the landowner is much more convenient and will know the value of the land before agreeing to sell it. Regional Assembly: When a developer collects smaller land, buys land or uses contracts or property options, which are then merged into a larger, viable system. A promotion agreement generally exploits the assets of the promoter, who uses his skills and often local knowledge to promote the country and its development within the framework of local development. When a landowner has a development-friendly land and is thinking about how best to plan a future sale to a developer, they may generally consider entering into either an option agreement directly with a developer or a promotional agreement with a "Promoter" planning specialist, who then works with the landowner to sell to a developer. In some cases, other planning skills may be acquired after the exercise of the option and, therefore, overload provisions may be included in the original agreement to take into account capital gains when a developer gradually obtains a building permit.B. A transportation agreement is an agreement between a landowner and a planning specialist to promote the owner`s land through the development process in order to obtain the building permit. Once the building permit is issued, the landowner and the developer cooperate to market and sell the land to a developer. The price paid by the developer would then be divided between the landowner and the developer on a previously agreed basis. A transportation agreement allows the developer, once a satisfactory building permit for the landowner has been issued, both for the landowner and for the developer, that the developer may compel the landowner to sell the land, as a rule as long as certain conditions are met. For example, the landowner may require a minimum price to be met before being forced to sell.
This may be a disadvantage for the landowner if he is forced to sell to a developer who may not be their preferred bidder or at a time when greater economic influences can drive down the price (albeit with the "minimum price" safety net).