Even the most straightforward of commercial developments involves numerous different organisations and contractors, each providing a specialist service. Commercial developments also concern a whole host of stakeholders, like the client, the development funder and the potential tenants. Their professional relationships with you and with each other must be handled carefully.
One way of encouraging everything to run smoothly is to ensure that all contracts and agreements are clear, comprehensive, sound and above board. A good understanding and co-ordination of the legal aspects of your work are a vital means of protecting your interests, and those of all the other parties involved.
Elliot Mather has a good background in commercial property and construction law. We have been involved in many projects over the years, making sure that our clients are aware of their obligations, the legal requirements of their clients and collaborators, and the most pragmatic and effective way to co-ordinate the legal aspects of their work.
In providing this service, we work with colleagues in our general commercial property department. They complement our service with work for developers concerning lease forward agreements and other documentation relating to the use of the development property after construction.
Our construction law team is perfectly positioned to help you with:
- Consultation and guidance on the legal terms of the main contract and sub-contracts
- Negotiating collateral warranty and step-in rights agreements
- Advising on the potential assignment of building contracts
- Drawing up cost overrun guarantee agreements, deeds of novation and warranties
