Decision details

The land is subject to a restrictive covenant which prevents the building of any dwelling on the land. A request has been made to release the covenant and, following negotiations, the parties have agreed terms for a Deed of Release whereby a consideration sum will be paid to release the restrictive covenant.

To grant a deed of release of the restrictive covenant subject to receipt of a minimum consideration fee upon the terms agreed between the parties

Option 1 - Enter into a Deed of Release upon the terms agreed
Option 2 - Reject the terms agreed and negotiate new terms
Option 3 - Refuse to release the restrictive covenant