Deeds and guarantees can be a minefield in construction contracts. Learn the crucial details and avoid potential pitfalls with our expert advice. Tune in now!

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Timestamps:

(0:26) - Director's Guarantee is taking personal liability before something going wrong

(0:54) - A lot of times they want a parent company to guarantee that you will complete the work

(1:30) - You can actually negotiate security out of the contract, which will increase your cashflow

(2:26) - When there's a deed in the contract that they want you to sign, they're asking you to take on additional risk

DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.

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The Truth About Deeds and Guarantees in Construction Contracts [Spotify Video Episode] | Ep. 327

Construction Secrets