When you sign a home improvement contract, you probably focus on the price, the design, and when the work will be finished.
In a competitive housing market, bidding wars are common, and buyers need every advantage they can get. One tactic that’s become increasingly popular? The escalation clause. This stipulation ...
You should have had a release clause, Alexander! Imagine the strife and anger that could have been avoided had Isak’s agent insisted on inserting a figure of, say, £120million into the six-year ...
Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...
No-contest clauses can be beneficial, but also albatrosses. The existence of a clause itself cannot prevent all challenges or always result in forfeiture when a challenge is asserted. Similar to ...
When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
It is July 2016 and the transfer ticker turns yellow: Jordon Ibe’s move from Liverpool to Bournemouth for a £15million fee is confirmed. And thanks to a sell-on clause being activated, so too is the ...
An alienation clause, also known as a due-on-sale clause, is a standard provision in most mortgage agreements. It requires the borrower to repay the full loan balance if the property is sold or ...