Escrow accounts and escrow agreements
This Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow...
In construction, knowing the law is only part of the challenge. It’s also important to see things from a commercial perspective and understand the connection between the agreements you’re advising on and what happens on the ground – knowing when to push a point or let it go and enabling you to give your clients advice that they can work with. From design to build and beyond.
LexisPSL Construction understands and reflects the way construction lawyers work in practice. Our clear, concise practice notes, written by our in-house lawyers and external authors, give you a no-nonsense, practical insight, in just a few pages, to help you to understand difficult or unfamiliar areas of construction law. Plus, you can follow direct links to relevant legislation, case law and commentary including the consolidated Construction Act (and other key acts), Construction Law Reports, Construction Law (journal) and Emdens Construction Law.
You’ll also find up-to-date and accurate precedents, flowcharts that help you understand the whole process, checklists to make sure you don’t miss a step and news updates that help you to stay on top of the latest developments in construction law and in the industry.