diff --git a/cadence/transactions/example-assets/setup/setup_generic_nft_collection.cdc b/cadence/transactions/example-assets/setup/setup_generic_nft_collection.cdc
index a4a5c664..ef7519b6 100644
--- a/cadence/transactions/example-assets/setup/setup_generic_nft_collection.cdc
+++ b/cadence/transactions/example-assets/setup/setup_generic_nft_collection.cdc
@@ -3,7 +3,13 @@ import "MetadataViews"
 
 import "FlowEVMBridgeUtils"
 
+/// Configures a Collection according to the shared NonFungibleToken standard and the defaults specified by the NFT's
+/// defining contract.
+///
+/// @param nftIdentifier: The identifier of the NFT to configure.
+///
 transaction(nftIdentifier: String) {
+
     prepare(signer: auth(BorrowValue, SaveValue, IssueStorageCapabilityController, PublishCapability, UnpublishCapability) &Account) {
         // Gather identifying information about the NFT and its defining contract
         let nftType = CompositeType(nftIdentifier) ?? panic("Invalid NFT identifier: ".concat(nftIdentifier))
@@ -18,7 +24,20 @@ transaction(nftIdentifier: String) {
                 resourceType: nftType,
                 viewType: Type<MetadataViews.NFTCollectionData>()
             ) as! MetadataViews.NFTCollectionData?
-            ?? panic("Could not resolve collection data for NFT type: ".concat(nftIdentifier))
+            ?? panic("Could not resolve NFTCollection data for NFT type: ".concat(nftIdentifier))
+
+        // Check for collision, returning if the collection already exists or reverting on unexpected collision
+        let storedType = signer.storage.type(at: data.storagePath)
+        if storedType == nftType {
+            return
+        } else if storedType != nil {
+            panic(
+                "Another resource of type "
+                .concat(storedType!.identifier)
+                .concat(" already exists at the storage path: ")
+                .concat(data.storagePath.toString())
+            )
+        }
 
         // Create a new collection and save it to signer's storage at the collection's default storage path
         signer.storage.save(<-data.createEmptyCollection(), to: data.storagePath)
diff --git a/cadence/transactions/example-assets/setup/setup_generic_vault.cdc b/cadence/transactions/example-assets/setup/setup_generic_vault.cdc
index bb4b0700..8c4b37fc 100644
--- a/cadence/transactions/example-assets/setup/setup_generic_vault.cdc
+++ b/cadence/transactions/example-assets/setup/setup_generic_vault.cdc
@@ -5,7 +5,13 @@ import "FungibleTokenMetadataViews"
 
 import "FlowEVMBridgeUtils"
 
+/// Configures a Vault according to the shared FungibleToken standard and the defaults specified by the Vault's
+/// defining contract.
+///
+/// @param vaultIdentifier: The identifier of the Vault to configure.
+///
 transaction(vaultIdentifier: String) {
+
     prepare(signer: auth(BorrowValue, SaveValue, IssueStorageCapabilityController, PublishCapability, UnpublishCapability) &Account) {
         // Gather identifying information about the Vault and its defining contract
         let vaultType = CompositeType(vaultIdentifier) ?? panic("Invalid Vault identifier: ".concat(vaultIdentifier))
@@ -20,12 +26,25 @@ transaction(vaultIdentifier: String) {
                 resourceType: vaultType,
                 viewType: Type<FungibleTokenMetadataViews.FTVaultData>()
             ) as! FungibleTokenMetadataViews.FTVaultData?
-            ?? panic("Could not resolve collection data for Vault type: ".concat(vaultIdentifier))
+            ?? panic("Could not resolve FTVaultData for Vault type: ".concat(vaultIdentifier))
+
+        // Check for collision, returning if the vault already exists or reverting on unexpected collision
+        let storedType = signer.storage.type(at: data.storagePath)
+        if storedType == vaultType {
+            return
+        } else if storedType != nil {
+            panic(
+                "Another resource of type "
+                .concat(storedType!.identifier)
+                .concat(" already exists at the storage path: ")
+                .concat(data.storagePath.toString())
+            )
+        }
 
-        // Create a new collection and save it to signer's storage at the collection's default storage path
+        // Create a new vault and save it to signer's storage at the vault's default storage path
         signer.storage.save(<-data.createEmptyVault(), to: data.storagePath)
 
-        // Issue a public Collection capability and publish it to the collection's default public path
+        // Issue a public Vault capability and publish it to the vault's default public path
         signer.capabilities.unpublish(data.receiverPath)
         let receiverCap = signer.capabilities.storage.issue<&{FungibleToken.Vault}>(data.storagePath)
         signer.capabilities.publish(receiverCap, at: data.receiverPath)