Exactly What To Do When You Are Asked To Sign Guarantees and Deeds in Your Construction Contract [#ThrowbackThursday] | Ep. 300

This episode is a re-run. It was originally published in November 2022. Not sure what to do when you’re asked to sign guarantees and deeds in your construction contract? Listen now and get all the answers you need! Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts. Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0 Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges Timestamps: (2:10) - We need to understand the difference between guarantees and deeds (4:03) - If you're the parent company and you're trying to isolate your own risk, you're almost wanting to isolate yourself from that risk (5:23) - I hate director's guarantees (6:08) - Deeds are, it's a special type of prompts or commitment that indicates the most serious solemn indication that the executing party tends to do what they have promised (7:59) - Director's guarantee, parent company guarantee, guarantees in general, and deeds are all telling you to take on more 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. Follow our Socials and let's get connected! ⤵️ ⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter