Project Monitoring
Acquisition of an interest in a property is frequently entered into during the early stages of a building project, with the transaction being conditional upon satisfactory completion of the works.
In such scenarios, potential purchasers or tenants are not directly involved in the procurement process and have limited control and as their requirements are not necessarily aligned with those of the party responsible for delivering the works, conflicts can arise.
Stewart Watson’s project monitoring service involves independent representation for purchasers and tenants to protect their interests during a transaction. This extends from initial scrutiny of the proposed works, contractual framework and transaction agreement, through to monitoring the works on site to ensure all matters are concluded in an appropriate manner.