Security for Expenses Glossary

We demystify some of the more niche Party Wall Award / Security for Expenses terms
Adjoining Owner
The 'adjoining owner' is the person who owns the property that is not intending to carry out building works.
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Building Owner
The 'building owner' is the person who owns the property that is intending to carry out building works.
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Owner
The Party Wall Act extends the notion of an 'owner' a little further than everyday language.
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Party Wall
A party wall is a wall shared between two properties - often encountered in semi-detached and terraced houses.
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Party Wall Act
The Party Wall etc. Act 1996 is often simply referred to as the "Party Wall Act".
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Party Wall Award
A Party Wall Award is designed to resolve matters in a party wall dispute in a fair and practical way.
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Party Wall Escrow
Party Wall Escrow is another name for Security for Expenses - they are used interchangeably and both describe the same thing.
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Security for Expenses
Security to be deposited with an independent third party under s12(1) of the Party Wall Etc. Act 1996.
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Surveyor
In the Party Wall Act, a 'surveyor' means anyone who is appointed under the act to settle party wall disputes.
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Third Surveyor
The third surveyor is either an agreed surveyor or one appointed by the other two, who can decide disputes that arise in Party Wall matters.
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