www.patrickforeilly.com
Open in
urlscan Pro
78.153.214.6
Public Scan
Submitted URL: https://www.patrickforeilly.com/news/why-collateral-warran
Effective URL: https://www.patrickforeilly.com/news/why-collateral-warranties-ancillary-to-construction-agreements-are-important-for-property-o...
Submission: On November 15 via manual from SG — Scanned from SG
Effective URL: https://www.patrickforeilly.com/news/why-collateral-warranties-ancillary-to-construction-agreements-are-important-for-property-o...
Submission: On November 15 via manual from SG — Scanned from SG
Form analysis
3 forms found in the DOMGET https://www.patrickforeilly.com/
<form method="get" id="mk-header-navside-searchform" action="https://www.patrickforeilly.com/">
<input type="text" name="s" id="mk-ajax-search-input" autocomplete="off">
<input type="hidden" id="security" name="security" value="d4a4bed892"><input type="hidden" name="_wp_http_referer" value="/news/why-collateral-warranties-ancillary-to-construction-agreements-are-important-for-property-owners-and-developers">
<i class="nav-side-search-icon"><input type="submit" value=""><svg class="mk-svg-icon" data-name="mk-moon-search-3" data-cacheid="icon-6554a298908ec" style=" height:16px; width: 16px; " xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path d="M496.131 435.698l-121.276-103.147c-12.537-11.283-25.945-16.463-36.776-15.963 28.628-33.534 45.921-77.039 45.921-124.588 0-106.039-85.961-192-192-192-106.038 0-192 85.961-192 192s85.961 192 192 192c47.549 0 91.054-17.293 124.588-45.922-.5 10.831 4.68 24.239 15.963 36.776l103.147 121.276c17.661 19.623 46.511 21.277 64.11 3.678s15.946-46.449-3.677-64.11zm-304.131-115.698c-70.692 0-128-57.308-128-128s57.308-128 128-128 128 57.308 128 128-57.307 128-128 128z"></path></svg></i>
</form>
GET https://www.patrickforeilly.com/
<form class="responsive-searchform" method="get" action="https://www.patrickforeilly.com/">
<input type="text" class="text-input" value="" name="s" id="s" placeholder="Search..">
<i><input value="" type="submit"><svg class="mk-svg-icon" data-name="mk-icon-search" data-cacheid="icon-6554a298933c0" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1664 1792"><path d="M1152 832q0-185-131.5-316.5t-316.5-131.5-316.5 131.5-131.5 316.5 131.5 316.5 316.5 131.5 316.5-131.5 131.5-316.5zm512 832q0 52-38 90t-90 38q-54 0-90-38l-343-342q-179 124-399 124-143 0-273.5-55.5t-225-150-150-225-55.5-273.5 55.5-273.5 150-225 225-150 273.5-55.5 273.5 55.5 225 150 150 225 55.5 273.5q0 220-124 399l343 343q37 37 37 90z"></path></svg></i>
</form>
POST
<form class="mk-contact-form" method="post" novalidate="novalidate">
<input type="text" placeholder="Name*" required="required" id="name" name="name" class="text-input" value="" tabindex="2073">
<input type="email" data-type="email" required="required" placeholder="Email*" id="email" name="email" class="text-input" value="" tabindex="2074">
<textarea placeholder="Message*" required="required" id="content" name="content" class="textarea" tabindex="2075"></textarea>
<div class="mk-quick-contact-gdpr-consent">
<div>
<input type="checkbox" name="contact_form_gdpr_check" id="gdpr_check_2076" class="mk-checkbox" required="required" value="" tabindex="2076"><label for="gdpr_check_2076">I consent to Patrick F O'Reilly & Co. Solicitors collecting my details
through this form.</label>
</div>
</div>
<div class="btn-cont">
<button tabindex="2077" class="mk-progress-button mk-contact-button accent-bg-color button" data-style="move-up">
<span class="mk-progress-button-content">Send</span>
<span class="mk-progress">
<span class="mk-progress-inner"></span>
</span>
<span class="state-success"><svg class="mk-svg-icon" data-name="mk-moon-checkmark" data-cacheid="icon-6554a298a9edd" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512">
<path d="M432 64l-240 240-112-112-80 80 192 192 320-320z"></path>
</svg></span>
<span class="state-error"><svg class="mk-svg-icon" data-name="mk-moon-close" data-cacheid="icon-6554a298aa0c2" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512">
<path
d="M507.331 411.33l-.006-.005-155.322-155.325 155.322-155.325.006-.005c1.672-1.673 2.881-3.627 3.656-5.708 2.123-5.688.912-12.341-3.662-16.915l-73.373-73.373c-4.574-4.573-11.225-5.783-16.914-3.66-2.08.775-4.035 1.984-5.709 3.655l-.004.005-155.324 155.326-155.324-155.325-.005-.005c-1.673-1.671-3.627-2.88-5.707-3.655-5.69-2.124-12.341-.913-16.915 3.66l-73.374 73.374c-4.574 4.574-5.784 11.226-3.661 16.914.776 2.08 1.985 4.036 3.656 5.708l.005.005 155.325 155.324-155.325 155.326-.004.005c-1.671 1.673-2.88 3.627-3.657 5.707-2.124 5.688-.913 12.341 3.661 16.915l73.374 73.373c4.575 4.574 11.226 5.784 16.915 3.661 2.08-.776 4.035-1.985 5.708-3.656l.005-.005 155.324-155.325 155.324 155.325.006.004c1.674 1.672 3.627 2.881 5.707 3.657 5.689 2.123 12.342.913 16.914-3.661l73.373-73.374c4.574-4.574 5.785-11.227 3.662-16.915-.776-2.08-1.985-4.034-3.657-5.707z">
</path>
</svg></span>
</button>
</div>
<input type="hidden" id="security" name="security" value="118b212967"><input type="hidden" name="_wp_http_referer" value="/news/why-collateral-warranties-ancillary-to-construction-agreements-are-important-for-property-owners-and-developers"> <input
type="hidden" id="sh_id" name="sh_id" value="15"><input type="hidden" id="p_id" name="p_id" value="2342">
<div class="contact-form-message clearfix"></div>
</form>
Text Content
* Home * Services * Commercial Law * Data Protection and Privacy * Dispute Resolution * Employment * Fertility Law * Insurance / Personal Injury Litigation * Licencing For Pubs, Clubs & Restaurants * Not For Profit / Charities * Personal * Personal Insolvency * Retail * Start Ups * Trust & Estates * Real Estate * News * People * Contact * * * * Home * Services * Commercial Law * Data Protection and Privacy * Dispute Resolution * Employment * Fertility Law * Insurance / Personal Injury Litigation * Licencing For Pubs, Clubs & Restaurants * Not For Profit / Charities * Personal * Personal Insolvency * Retail * Start Ups * Trust & Estates * Real Estate * News * People * Contact WHY COLLATERAL WARRANTIES ANCILLARY TO CONSTRUCTION AGREEMENTS ARE IMPORTANT FOR PROPERTY OWNERS AND DEVELOPERS Home » Why Collateral Warranties Ancillary To Construction Agreements Are Important For Property Owners and Developers WHY COLLATERAL WARRANTIES ANCILLARY TO CONSTRUCTION AGREEMENTS ARE IMPORTANT FOR PROPERTY OWNERS AND DEVELOPERS By admin Posted March 13, 2019 In Commercial, News, Real Estate Why Collateral Warranties Ancillary To Construction Agreements Are Important For Property Owners and Developers2019-03-132019-03-13https://www.patrickforeilly.com/wp-content/uploads/patrick_f_o_reilly-1_dark.pngPatrick F O'Reilly & Co. Solicitorshttps://www.patrickforeilly.com/wp-content/uploads/collateral_warranties_ancillary_to_construction_agreements-e1552443079278.jpg200px200px 0 * * * * * There will generally be multiple parties involved in any construction project, many of whom will have no contractual link with some or all of the parties in the design and build of the project. Collateral Warranties are ancillary agreements to primary construction agreements e.g. Building Contracts, Sub-Contracts or Professional Team Appointments. They are usually obtained by building owners or developers from Sub-Contractors and/or Consultants to a Main Contract in a development or redevelopment of a property. They may also be sought from the Main Contractor for the benefit of other entities e.g. a Lender, First Purchaser or Tenant. A building owner or developer may enter into one single contract or building agreement with its main contractor for construction works to its property. The main contractor may and often will sub-contract many portions or packages under the contract to sub-contractors. However, this means that as there is no contract between the building owner or developer and the sub-contractor, there is no contractual nexus or link between the building owner or developer and sub-contractor, allowing the building owner or developer to sue for a breach of obligations of such sub-contractor. A Collateral Warranty is a document which creates such a ‘link’ or ‘contractual nexus’ between the building owner or developer and sub-contractor or a purchaser or lender to the main contractor, who otherwise would have no contract with the sub-contractor. In the event a sub-contractor does not carry out its obligations under the sub-contract, or breaches the terms of same, a building owner or sub-contractor can seek to recover directly from such sub-contractor. Equally a purchaser, lender or tenant can seek to recover against a main contractor under a collateral warranty, notwithstanding they were not party to the original Building Contract. It is important, if possible, to ensure in the sub-contract or Deed of Appointment, that the contractor, sub-contractor or consultant is obliged to give collateral warranties to a Lender, Tenant and First Purchaser, as these entities will also not have a contractual nexus with the sub-contractors, main contractors or consultants. Patrick F. O’Reilly & Co has years of experience working with development companies and offers specialist legal advice to property owners, property developers and building companies. Talk to Michael Crowley, Partner, Real Estate with any queries you have or to seek legal advice for your or your company and read more here about our Real Estate Legal Services and the projects we have worked on. If you have any queries please do not hesitate to Contact Michael Crowley, Partner, Real Estate, Patrick F. O’Reilly & Co. admin * Recent Posts * Ukraine: Surrogacy Ban for Foreigners * Building Families Through Surrogacy and New Laws * First Irish lawyer to be admitted as a Fellow of the Academy of Adoption and Assisted Reproduction Attorneys (“AAAA”) * FAMILY MATTERS-Donor Conception, Surrogacy and the Law Services * Corporate / Commercial * Dispute Resolution * Real Estate * Insurance / Personal Injury Litigation * Licencing For Pubs, Clubs & Restaurants * Employment * Assisted Human Reproduction/Surrogacy * Trust & Estates * Not For Profit / Charities * Personal * Personal Insolvency * Retail * Start Ups * Home * Services * Contact * News * People * Terms of Use * Disclaimer * Privacy Statement Patrick F O’Reilly & Co. Solicitors 9-10 South Georges Street, Dublin 2, Ireland Tel: 01 679 3565 Fax: 01 679 3421 Email: info@pforeilly.ie Copyright © Patrick F O'Reilly & Co. 2018 Contact Us We're not around right now. But you can send us an email and we'll get back to you, asap. I consent to Patrick F O'Reilly & Co. Solicitors collecting my details through this form. Send Information Companies are required to maintain on the Register of Beneficial OwnersCommercial, News, Retail Legal Tips To Speed Up The Sale Of Commercial PropertyCommercial, News, Real Estate