An Introduction to Forward Funding Agreements - Demystifying the Complexities

Introduction

This virtual classroom seminar focuses on what is generally considered to be the most complex form of development agreement; namely the forward funding agreement.

Many lawyers, despite being experienced in commercial property work, have not had 'hands on' experience of forward funding development agreements.

Are you one of them and do you want to be able to advise your clients on forward funding agreements? Or do you lack confidence when dealing with forward funding transactions?

If so, then this course is for you.

What You Will Learn

This live and interactive session will cover the following:

• What is forward funding
• Institutions and property - property as an asset class
• An introduction to yields and years' purchase ('yp')
• Institutionally acceptable leases
• Main concerns of developer and funder
• Conditional contract issues
• Construction issues - building contract, collateral warranties/third party rights
• Practical completion
• Timing issues
• Calculating the developer's profit - looking at formulae
• Termination
• Recent relevant cases, including Mailbox

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.