We'll be looking more closely at what a Party Wall Award is in this blog post.
The final document that a party wall surveyor produces is known as a Party Wall Award, sometimes known as a Party Wall Agreement.
The Party Wall Etc. Act of 1996 specifies that the Party Wall Award is the final document.
An award may decide—
(a) The ability to carry out any task;
(b) The timing and method of carrying out any work; and
(c) Unless otherwise agreed upon by the building owner and the adjoining owner, any period appointed by the award for executing any work shall not, until after the expiration of the period prescribed by this Act for service of the notice concerning which the dispute arises or is deemed to have arisen, begin to run.
What distinguishes a Party Wall Agreement from a Party Wall Award?
A Party Wall Award and a Party Wall Agreement frequently use the same terminology. This means that the agreement will frequently be referred to as a Party Wall Award or Party Wall Agreement by the building owners, bordering owners, and even party wall surveyors for that matter.
The two are interchangeable expressions that refer to the same document and are therefore the same.
Who is capable of creating a Party?
An official document is a Party Wall Award. Only party wall surveyors are capable of preparing it. If a building owner disagrees with the Party Wall Notice, they may choose to employ their party wall surveyor, also referred to as the neighboring owner's party wall surveyor, by the Party Wall Etc. Act of 1996. Alternatively, they can decide to designate a single-party wall surveyor who will act as both the building owner and the bordering owner's representative.
The term "agreed party wall surveyor" is frequently used to describe this party wall expert.
What goes into a Party Wall Award?
A Party Wall Award will unambiguously establish a building owner's entitlement to carry out their intended works.
However, it will also crucially lay out the language and vocabulary that best safeguards the building owner's property throughout those renovations.
Party Wall Awards typically include:
What does a Party Wall Agreement cost?
The price of a party wall agreement will vary depending on:
In general, the building owner's party wall surveying fees will be fixed/capped. These fees are normally presented at the start of the procedure before the Party Wall Notice is served.
The neighboring owner's party wall surveying fees are likely to be variable, consisting of a combination of the party wall surveyor's hourly rate and the overall length of time spent negotiating the Party Wall Award.
How long does it take for a Party Wall Award to be agreed upon?
This will be heavily influenced by the ongoing construction. However, here at adamjoseph.co.uk, we would recommend allocating 2-6 weeks for your easier jobs. For more sophisticated or complex tasks, allow 2-12 weeks.
Adam Joseph Chartered Surveyors is a trading name of Sherling & Partners Limited
Website: https://www.sherlingandpartners.co.uk
Registered Address: Balfour House, Suite 206, 741 High Road, North Finchley N12 0BP
Company Number: 10621087
VAT Number: 265816036
We serve clients in East Ham, Putney, North London, Essex, Finchley,
Birmingham, Richmond and Cambridge.
Our services includes Party Wall Surveyor & Level 3 Building Survey