The Sale Agreement And Construction Agreement is a specialized contract used when property sale and construction works are intrinsically linked. Common in property development projects under English and Welsh law, it provides a unified framework for both the transfer of property and the completion of construction works. This document is particularly relevant for off-plan purchases, development projects, and situations where the seller is also responsible for carrying out specific construction or modification works. It incorporates requirements from various construction and property legislations, ensuring compliance with building regulations, planning laws, and consumer protection measures where applicable.
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1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Sale Terms: Price, payment terms, and transfer of title
5. Construction Scope: Detailed description of construction works
6. Timeline and Completion: Project schedule and completion criteria
7. Payment Terms: Payment structure, milestones, and mechanisms
8. Warranties: Construction and quality guarantees
9. Termination: Conditions for contract termination
1. Variations: Process for handling changes to scope - recommended for complex construction projects
2. Performance Bond: Security for performance obligations - recommended for high-value contracts
3. Retention: Terms for holding back payment portions - recommended for larger construction projects
4. Liquidated Damages: Pre-agreed damages for specific breaches - recommended when specific losses can be predicted
1. Construction Specifications: Detailed technical requirements and drawings
2. Payment Schedule: Detailed breakdown of payments and milestones
3. Program of Works: Detailed timeline and project phases
4. Site Plan: Plans and drawings of construction site
5. Quality Standards: Specific quality requirements and standards
6. Form of Warranties: Standard forms for required warranties
Relevant legal definitions
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Relevant Industries
Relevant Teams
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