Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🏠 Collateral warranty

Why use a 🏠 Collateral warranty?

A collateral warranty is a separate agreement between the contractor and the employer that sets out additional terms and conditions relating to the works. The collateral warranty will often contain provisions relating to the quality of the works, the performance of the contractor, the liability of the contractor, and the indemnity of the employer. The collateral warranty will also contain a clause specifying that the agreement is collateral to the main contract and that it will remain in force even if the main contract is terminated.

The Contractor's Collateral Warranty (To Funder) is a legal template specifically designed to outline the obligations and liabilities of a contractor who enters into a construction project with a funder or financial institution in the United Kingdom. It acts as a binding agreement between the contractor and the funder, ensuring that the contractor will adhere to the terms and conditions mentioned within the main construction contract.

This collateral warranty aims to safeguard the funder's interests by establishing a direct contractual relationship between the funder and the contractor. By doing so, the funder seeks additional assurances in terms of the contractor's performance, quality of work, and adherence to statutory regulations throughout the construction process.

The content of this legal document typically includes a detailed description of the project, its participants, and the main construction contract under which the project operates. It further outlines the specific obligations and warranties that the contractor provides to the funder, including the provision of performance guarantees, indemnities, and insurances.

Moreover, this template may specify the rights and remedies available to the funder in case the contractor fails to meet their obligations or breaches any contractual provision. These may include the right to terminate the collateral warranty, seek damages, or pursue legal actions to rectify any deviations from the agreed terms.

Under UK law, this Contractor's Collateral Warranty (To Funder) template ensures that the funder is adequately protected by establishing a legally binding framework to govern the contractual relationship with the contractor. It aims to minimize the financial risks associated with construction projects and provide the funder with the necessary remedies if issues arise during the execution of the project.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Section 8 Notice (Seeking Possession)

The legal template titled "Section 8 Notice (Seeking Possession) under UK law" is a document specifically designed for landlords who wish to regain possession of their property from tenants under certain circumstances. In the United Kingdom, Section 8 of the Housing Act 1988 provides landlords with grounds for seeking possession of their property, such as due to rent arrears, breach of tenancy agreement, anti-social behavior, or other valid reasons.

This template serves as a formal notice to the tenant, outlining the specific grounds under Section 8 on which the landlord is seeking possession. It provides a clear and concise explanation of the relevant grounds, referencing the specific section of the law that justifies the action, ensuring compliance with UK legislation.

The document typically includes essential details such as the property address, tenancy details, and the specific breaches or reasons for seeking possession. Additionally, it may include a timeline for the tenant to address and rectify any breaches or outstanding issues before the landlord takes further legal action.

By utilizing this template, landlords can follow the proper legal process when pursuing possession of their property and ensure they adhere to the requirements set out by UK law. It helps establish a formal record, providing evidence of compliance with the necessary legal steps should the matter progress to court.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
3
RATINGS
0
DISCUSSIONS
2

Section 8E Standard Notice By Landlord To Obtain Consent Of A Third Party

The legal template, "Section 8E Standard Notice By Landlord To Obtain Consent Of A Third Party" under UK law, pertains to the provision of a formal notice by a landlord to seek the approval or consent of a third party in relation to certain matters or actions related to a tenancy agreement or property ownership.

This template is specifically designed to comply with Section 8E of the UK law, which outlines the legal obligations and procedures involved in obtaining consent from a third party. This section addresses various scenarios wherein a landlord needs to involve or inform a third party, such as seeking consent for subletting, assignment of tenancy, or alteration of lease terms.

The template aims to provide a standardized structure for landlords to communicate their intentions and request approval from the relevant third party, ensuring adherence to legal requirements while maintaining transparency in the process. It typically includes essential details like landlord and tenant information, property details, nature of the requested action, reasons for seeking consent, and a proposed timeline for response.

By utilizing this legal template, both landlords and third parties can ensure that all necessary legal steps are followed, and all parties involved are informed and have the opportunity to provide their consent or raise any objections within the confines of UK jurisdiction.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
8
RATINGS
5
DISCUSSIONS
2

Section 14 Temporary Traffic Regulation Order Notice

The legal template for Section 14 Temporary Traffic Regulation Order Notice under UK law is a document that provides information and guidelines for implementing temporary traffic regulations in a specific area or location. This template serves as a means for authorities, such as local councils or highway agencies, to legally manage and control vehicular and pedestrian movements during certain events, construction works, road repairs, or other situations that may necessitate temporary traffic restrictions or diversions.

The notice outlines the period for which the temporary traffic regulation will be in effect, specifying the start and end dates. It also defines the specific geographic area or road network that will be impacted by the order. The template may include detailed instructions on the types of traffic restrictions that will be in place, such as road closures, temporary speed limits, changes in road layouts, parking restrictions, or the redirection of traffic flows.

Additionally, the template may require relevant organizations or individuals responsible for the work or event to provide specific details, including contact information and alternative routes or diversions. The notice may also highlight any exceptional circumstances or exemptions associated with the temporary traffic regulation order.

Overall, this legal template for the Section 14 Temporary Traffic Regulation Order Notice plays a crucial role in ensuring the safety, efficiency, and organization of traffic management in situations that require temporary alterations to normal traffic conditions in the UK.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
1