Professional Consultant's Collateral Warranty (Funder, Buyer Or Tenant Friendly)
Publisher one
Genie AISource file
professional_consultant's_collateral_warranty_(funder,_buyer_or_tenant_friendly)_template.docxJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏠 Collateral warrantyBusiness activity
Provide collateral warrantyA 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.
In this context, the template is designed to outline the terms and conditions through which a professional consultant (such as an architect, engineer, surveyor, or other relevant consultants) agrees to provide direct warranties to funders, buyers, or tenants of a particular project or development. These third-party stakeholders typically require these warranties to ensure their interests are protected and to have a direct contractual relationship with the consultant.
The template could cover a range of aspects, including the scope of services provided by the consultant, the standard and quality of work expected, adherence to relevant regulations or building codes, and the liability of the consultant for any breaches or defects. It may also address matters related to intellectual property rights, insurance coverage, confidentiality, and dispute resolution mechanisms.
The "funder, buyer, or tenant-friendly" element suggests that the template places a particular emphasis on protecting the interests of these parties. This could include provisions that hold the consultant directly accountable for any issues arising during or after the completion of a project. It may also confer specific rights, remedies, or benefits to the funder, buyer, or tenant, such as the ability to enforce the warranty directly against the consultant without the need for costly litigation.
Overall, this legal template serves as a comprehensive framework for establishing a collateral warranty arrangement between a professional consultant and third-party stakeholders in the context of a construction or consultancy project in the UK, with a clear emphasis on ensuring the interests of funders, buyers, or tenants are adequately considered and protected.
How it works
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
Book your personalised demo now
Similar legal templates
Writer Contract
This Writer contract template is designed for a commercial writing organisation (or an individual writer) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of writing and writing-related services to be completed by the writer on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the writing firm or individual writer on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesUnquoted Companies Climate-Related Corporate Governance Issues
The template could offer a comprehensive framework for unquoted companies to ensure their corporate governance practices are aligned with climate-related concerns. It may include guidelines on integrating climate-related risks and opportunities into their overall corporate strategy, decision-making processes, and board responsibilities.
Additionally, the template might address the role and responsibilities of directors and senior management in understanding, disclosing, and mitigating climate-related risks and liabilities. It could provide guidance on reporting and transparency requirements to ensure that the company's position and actions regarding climate change are adequately disclosed to stakeholders.
Furthermore, the template could cover the establishment of suitable climate-related metrics, targets, and performance indicators to assess and monitor the company's progress in managing climate-related risks and their alignment with broader environmental objectives. It may also highlight the importance of periodically reviewing and updating corporate governance practices and relevant policies to adapt to changing regulatory requirements and emerging climate-related risks.
Overall, this legal template is likely aimed at assisting unquoted companies in navigating the complex landscape of climate-related corporate governance issues in the UK and ensuring their business operations are conducted in an environmentally sustainable and responsible manner.
Publisher
Genie AIJurisdiction
England and WalesWhole Office Lease (Short-form)
The template may include clauses related to lease term, rent amount and payment terms, security deposit, rights and responsibilities of the landlord and tenant, maintenance and repair obligations, permitted use of the premises, insurance requirements, termination conditions, and any additional terms specific to the premises or the parties involved. It may also contain provisions addressing dispute resolution mechanisms and other legal considerations in accordance with UK law.
By utilizing this template, both landlords and tenants can have a solid foundation for their leasing agreement, ensuring clear communication, legal protection, and mitigation of potential conflicts during the course of the lease.
