Key Construction Documents for Real Estate Lawyers - A Practical Introduction

Introduction

This live broadcast session will provide delegates with a sound introduction to the key elements of the most common types of construction document - professional appointments, building contracts and collateral warranties.

It is aimed at junior real estate lawyers who come into contact with construction documents in the context of real estate development transactions.

The course will culminate in a practical exercise in which delegates will learn to review construction documents from the point of view of a third party beneficiary, such as a tenant entering into an agreement for lease with landlord’s works.

What You Will Learn

This live and interactive session will cover the following:

• Basic structure of a construction project
• Forms of procurement
• Appointments
• Different forms of appointment and key considerations
• Consultants' obligations
• Payment
• Insurance
• Termination and suspension
• Novations
• Limitations of liability
• Assignment
• Building Contracts
• Standard forms
• Contractors' obligations
• Design liability
• Payment
• Insurance
• Practical completion, liquidated damages and time and money claims
• Defects
• Security - performance bonds and parent company guarantees
• Collateral Warranties
• Why they are necessary and who are the beneficiaries
• Standard of care
• Deleterious materials
• Professional indemnity insurance
• Copyright
• Limitations of liability
• Step-in rights
• Assignment
• Practical exercise
• CDM Regulations
• Construction Act

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.