Do You Have to Pay for a Party Wall Agreement
When you are planning to carry out work on a wall that is shared with your neighbor, you will need to get a party wall agreement. This agreement is a legal document that outlines the rights and responsibilities of both parties involved in the construction work. But, the question remains, do you have to pay for a party wall agreement?
The answer is yes, you will usually have to pay for a party wall agreement. However, this cost is usually split between the two parties involved. The agreement will also outline the costs involved, and the amount each party is responsible for.
The cost of a party wall agreement can vary depending on the complexity of the work being carried out. For example, if the work involves building a new wall, the cost may be higher than if the work involves only minor repairs.
It is worth noting that the cost of the agreement is only one of the expenses you will incur when carrying out work on a shared wall. You will also need to consider the cost of the construction work itself, as well as any additional costs associated with the project.
It is also important to note that if the work being carried out is deemed to be “notifiable,” the parties involved will need to serve a party wall notice on their neighbors. This notice will outline the work being carried out and the time frame involved. Your neighbor will then have the option to either agree to the work or dissent. If your neighbor dissents, a surveyor will need to be appointed to assess the situation and make a decision.
In conclusion, while you will need to pay for a party wall agreement, the cost is usually split between the two parties involved. The agreement is a necessary legal document that outlines the rights and responsibilities of both parties involved in the construction work. Keep in mind that the cost of the agreement is only one of the expenses you will incur when carrying out work on a shared wall. However, by working with your neighbors and following the proper procedures, you can ensure a smooth and successful construction project.