Whether you’re buying as part of a couple, or with a relative or friend, there are some essential steps that you’ll need to take in order to protect your interest.
Settlement agreements usually arise in the context of a claim that could potentially be made by an employee against an employer. They are often used if an employment relationship is being brought to an end or where there is a dispute that needs to be settled for an ongoing relationship to continue.
For anyone purchasing a property, the presence of restrictive covenants can be problematic. They can potentially affect the use of the land after the purchase has been completed, which is why it’s so important to be able to identify and understand them up front.