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Construction Release Of Liability
"I need a Construction Release of Liability agreement for a completed residential development project in Kowloon, where our company (Golden Bay Development Ltd) needs to release 12 subcontractors from all liabilities following successful project completion in March 2025."
1. Parties: Identification of all parties to the agreement, including the releasing party (typically the contractor, subcontractor, or worker) and the released party (typically the property owner, main contractor, or developer)
2. Background: Context of the construction project, relationship between the parties, and circumstances leading to this release
3. Definitions: Key terms used in the agreement, including 'Construction Work', 'Claims', 'Liability', and specific project-related terms
4. Scope of Release: Detailed description of what claims, rights, and liabilities are being released
5. Consideration: Statement of the consideration being provided in exchange for the release
6. Representations and Warranties: Statements by the releasing party about their authority to give the release and understanding of its implications
7. Effective Date: Specification of when the release takes effect
8. Governing Law and Jurisdiction: Confirmation of Hong Kong law as governing law and jurisdiction for disputes
9. Entire Agreement: Statement that this document represents the complete agreement between parties regarding the release
10. Execution: Signature blocks and execution requirements
1. Exceptions to Release: Used when certain claims or rights are specifically excluded from the release
2. Future Claims: Include when addressing potential future claims that haven't yet arisen
3. Indemnification: Used when one party agrees to indemnify the other against future third-party claims
4. Insurance: Include when specific insurance arrangements need to be maintained post-release
5. Confidentiality: Used when parties wish to keep the terms of the release confidential
6. Dispute Resolution: Include when parties want to specify particular dispute resolution mechanisms
7. Severability: Used when parties want to ensure partial invalidity doesn't void the entire agreement
1. Schedule 1 - Project Details: Detailed description of the construction project, including location, scope, and relevant dates
2. Schedule 2 - Released Claims: Itemized list of specific claims being released
3. Schedule 3 - Safety Compliance Records: Documentation of safety measures and compliance with relevant Hong Kong regulations
4. Schedule 4 - Payment Details: Details of any payments or consideration associated with the release
5. Appendix A - Related Contracts: List and/or copies of relevant construction contracts referenced in the release
6. Appendix B - Insurance Certificates: Copies of relevant insurance certificates and coverage details
Authors
Construction
Real Estate Development
Infrastructure
Commercial Building
Residential Development
Industrial Construction
Civil Engineering
Architecture
Building Maintenance
Property Management
Urban Development
Construction Safety
Legal
Construction
Operations
Risk Management
Compliance
Project Management
Contract Administration
Safety and Quality
Development
Property Management
Engineering
Site Operations
Construction Manager
Project Director
Site Manager
Contract Administrator
Legal Counsel
Risk Manager
Safety Officer
Construction Supervisor
Project Engineer
Quantity Surveyor
Compliance Officer
Operations Manager
Construction Director
Development Manager
General Contractor
Site Engineer
Construction Coordinator
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