What is a Section 106 Agreement?

What is a section 106 agreement?

This is a legally binding agreement, under the terms of Part III ( Control of Development ), section 106 of The Town and Country Planning Act [1990], between the owner of a property and the planners. When quoted in reference to a dwelling the effect is usually the same as having an “Ag Tag” but the proviso might state that the dwelling could not be sold off separately from the rest of the property.

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