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Showing posts from August, 2020

Party Wall Agreement Isn’t All Fun and Games

The Party Wall Agreement or the ‘award’ is a legal contract that takes place after the two fighting parties have resolved their dispute regarding the conflict that triggered the need for the document. It is a legal representation of the resolution. A party wall is any wall/property that is jointly shared by two owners. The award ensues when there are minor issues, and the Party Wall Act notice is not needed. Contents of the Party Wall Agreement The agreement usually has three main parts: Set of rules that define how the work should advance The conditions regarding the neighboring property Illustrations of the planned work The draft should also include the details of the party wall surveyors, names and addresses of the fighting parties, and property details. An outline of the future work, working hours, the time limit for completion, and the party wall experts’ fees should also be in the document.  Once both the parties have agreed, signed, and receiv