Collateral damage
Language: English Series: Property Week ; 70(28) 15 July 2005, 80-81(2)Publication details: 2005Subject(s): Summary: Reports on the Contracts (Rights of Third Parties) Act 1999 which provides an alternative to collateral warranties. The Act enables a funder, tenant or buyer of a new development to enforce key parts of the building contract between the developer and the main contractor. This gives funders, buyers and tenants a guarantee that they could claim damages from the main contractors and their subcontractors for defects that emerge some years after the completion of the job.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130362 (Browse shelf(Opens below)) | 1 | Available | 130362-1001 |
Reports on the Contracts (Rights of Third Parties) Act 1999 which provides an alternative to collateral warranties. The Act enables a funder, tenant or buyer of a new development to enforce key parts of the building contract between the developer and the main contractor. This gives funders, buyers and tenants a guarantee that they could claim damages from the main contractors and their subcontractors for defects that emerge some years after the completion of the job.