Preface; Principles of law; The rise of collateral warranties; Contracts (Rights of Third Parties) Act 1999; Assignment and novation; Reasonable skill and care and fitness for purpose; Damages and Limitation of Action; Developers, tenants, purchasers and funds; Insurance implications; Typical terms; Practical considerations; Other Solutions:present and future; Appendix 1 The Law Commissioning Report No. 242: Privity of Contract; Appendix 2 Contracts (Rights of Third Parties) Act 1999; Appendix 3 Housing Grants Construction & Regeneration Act 1996; Appendix4 CoWa/F; Appendix 5 CoWa/P Appendix 6 MCWa/F; Appendix 7 MCWa/P Appendix 8 MCWa/F/Scot(Funder); Appendix 9 MCWa/P&t/Scot(Purchaser and Tenant); Table of Cases; Table of Statutes & Statutory Instruments; Index