🥇 Performance guarantee
A performance guarantee is a legal document that outlines the terms of a contract between two parties. The guarantee outlines the expectations of each party and what will happen if those expectations are not met. This type of guarantee is often used in construction contracts to ensure that the work is completed to the specifications laid out in the contract.
🏡 Party wall notice
A party wall notice is a formal notice served by one owner of a shared wall or boundary to another, specifying works they propose to carry out which may affect the strength, stability or support of the shared wall or boundary. The notice must also give details of when the works will start and how long they are expected to take.
🪙 Placing letter
A placing letter is a document that sets out the agreed terms between a contractor and a client for the provision of construction services. The letter will cover the scope of work, the price, the payment terms, the start and end date of the contract, and any other relevant information.
💸 PartnershIP share agreement
A partnership share agreement is a contract between partners that sets out the rules and regulations governing the partnership. The agreement covers aspects such as decision-making, profit and loss sharing, and what happens if a partner leaves the partnership.
🖋️ Partnership agreement
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🏘️ Parent company guarantee
A parent company guarantee is a type of financial guarantee that is typically used in business transactions. It is a guarantee from the parent company to the lender that the debt will be repaid if the borrower defaults. This type of guarantee can provide more security for the lender and may help to get better loan terms.
📁 Parental bereavement policy
A parental bereavement policy covers the legal rights of employees to take time off work following the death of a child. The policy sets out the entitlement to paid and unpaid leave, as well as the process for requesting leave. The policy also outlines the support that the company will provide to employees during this difficult time.
💳 Notice of the use of a website
A notice of the use of a website covers the legalities of using the site. This includes the terms and conditions of use, as well as the privacy policy. The notice also covers any copyright or trademark information.
📰 Outsourcing questionnaire
A outsourcing questionnaire is a document used to collect information from a potential service provider about their ability to meet the specific needs of a company. The questionnaire should cover all aspects of the service being outsourced, including the company's legal obligations. This will help to ensure that the service provider is able to comply with all applicable laws and regulations.
🧾 Option surrender agreement
A option surrender agreement is a contract between a property owner and a tenant that terminates the tenant's right to occupy the property. The agreement typically includes a clause that releases the tenant from any future liability for rent or damage to the property.
📁 Pedestrianisation order
A pedestrianisation order is a legal order which prohibits or restricts vehicles from entering a specified area. This typically applies to areas which are heavily pedestrianised, such as shopping areas or town centres. The order may also specify certain conditions, such as allowing vehicles to enter the area at certain times or for certain purposes.
🔌 Pilot / trial agreement
A pilot or trial agreement is a legal agreement between two parties that outlines the terms of a trial period. The agreement should include the duration of the trial, the tasks to be completed during the trial, and the compensation to be paid to the party completing the trial.
💼 Particulars of claim
The particulars of claim sets out the claimant's case and the relief they are seeking from the court. It must be served on the defendant with the claim form. The particulars of claim must comply with any rules of court that apply to it and must be served on the defendant within the time limit set by the rules of court.
✏️ Payment obligation guarantee
A payment obligation guarantee is a legal document that guarantees that an individual or organization will make a payment on behalf of another individual or organization. This type of guarantee is often used in business transactions to protect one party from the financial risks of the other party defaulting on a payment.
🏷️ Notice to remedy breach
A notice to remedy breach is a legal notice served on a party who has breached a contract. The notice sets out the nature of the breach and the consequences if the breach is not remedied. The notice gives the party a specified period of time to remedy the breach.
🏠 Notice to complete
A notice to complete is a formal notice given to a party to a contract who has breached their obligations under the contract, informing them that they must remedy the breach within a certain time period or face further consequences.
🧾 Phantom share option plan
A phantom share option plan is a type of employee compensation in which the employee is given the option to purchase shares in the company at a set price, but does not actually receive any shares until the option is exercised. This type of plan is often used to incentivize employees to stay with the company for a longer period of time.
🏚️ Project bank account agreement
A project bank account agreement is a contract between a construction company and a financial institution that outlines the terms of the construction company's use of the financial institution's project bank account. The agreement covers the construction company's obligations to the financial institution, including the repayment of any funds advanced by the financial institution, and the financial institution's rights and remedies in the event of the construction company's default.
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