A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.
Parties often add limitation-of-liability clauses to their agreements. These types of clauses can purport to limit a party’s claims or damages or both. Damage-limitation clauses can take many ...
A dependent clause cannot stand alone, though they often contain both a subject and a verb. Where independent clauses express complete thoughts, dependent clauses do not, and left on their own, ...
A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key ...
A Dec. 11 report by the Center for American Progress outlined recent controversy surrounding the FTC’s attempt to ban noncompete agreements earlier in 2024, as well as several common types of clauses ...
When you are dealing with important contracts, it is not just the small print that can be sneaky. Smart lawyers can bury provisions that benefit their client — and disadvantage the other party — in ...
A due-on-sale clause is a standard part of most conventional mortgage agreements. It gives the lender the right to demand full repayment of the loan when the property is sold or transferred to a new ...
Many industry form documents and custom construction contracts contain provisions shifting or limiting the respective parties’ risks. One of the more potentially significant risk-limiting provisions ...
NFL player contracts are often filled with detailed rules, bonuses, and conditions that go beyond basic salary. Some of these clauses are quite unexpected and may seem unusual to fans. They can cover ...
When buying or selling a home, real estate contracts include clauses or designated sections in purchase or financing agreements. Each clause is important, but there are four primary clauses that ...