If you`re planning on undertaking a construction project that involves altering a shared wall between your property and that of your neighbour, then you`re going to need a party wall agreement. This legal document outlines the responsibilities and rights of both parties involved in the construction process and helps to protect the interests of each party.
Whether you`re a homeowner or a contractor, a party wall agreement template can be a useful tool to ensure that everything is covered and all parties are in agreement. Here are some considerations to take into account when preparing a party wall agreement template for an extension:
1. Identify the parties involved
The first step in drafting a party wall agreement template is to identify the parties involved. This includes the owner(s) of the property where the wall is located and the owner(s) of the adjoining property. If the adjoining property is owned by more than one person, then all parties must be included.
2. Identify the type of work to be carried out
The next step is to identify the type of work that will be carried out on the shared wall. This could include anything from building an extension to altering the structure of the existing wall. Be as specific as possible to avoid any confusion later on.
3. Set out the responsibilities of each party
Once you have identified the work to be carried out, it`s important to set out the responsibilities of each party. This should include who will be responsible for obtaining any necessary permits, for paying for the work, and for ensuring that the work is carried out to a high standard.
4. Outline the method of construction
It`s important to outline the method of construction that will be used for the work. This could include details on the materials to be used, the hours of operation, and any restrictions that need to be put in place to ensure the safety of both parties.
5. Specify the timeline for the work
Another essential element of a party wall agreement template is to specify a timeline for the work. This helps to ensure that the work is carried out in a timely manner and that any disruption to the adjoining property is kept to a minimum.
6. Establish a dispute resolution process
Finally, it`s important to establish a dispute resolution process in case any issues arise during the construction process. This could include appointing an independent surveyor to act as a mediator or setting out a process for resolving any disputes that may arise.
In conclusion, a party wall agreement is an essential legal document that ensures that both parties involved in a construction project are protected. By following the above steps, you can create a comprehensive party wall agreement template that covers all aspects of the project and helps to ensure a successful outcome for all parties involved.