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Collateral warranties v third party rights [electronic resource]

By: Contributor(s): Language: English Series: RICS Feature ; 17 January 2008Publication details: 2008Subject(s): Online resources: Summary: Outlines the use of collateral warranties and third party rights in the construction arena. Explains what collateral warranties are, the standard forms of collateral warranties, and the positive and negative aspects. Suggests the use of third party rights as a simpler alternative to collateral warranties, but also notes that third party rights need to be embraced by the industry to be effective.

Outlines the use of collateral warranties and third party rights in the construction arena. Explains what collateral warranties are, the standard forms of collateral warranties, and the positive and negative aspects. Suggests the use of third party rights as a simpler alternative to collateral warranties, but also notes that third party rights need to be embraced by the industry to be effective.