The habendum clause defines rights and terms in property transfer contracts, crucial in real estate and oil leases. Discover ...

A force majeure clause typically relieves the parties from completing certain obligations under a contract when extraordinary events arise that are unavoidable and beyond the realistic control of the ...

The recent surge of the COVID-19 pandemic and its catastrophic effect on worldwide events has put the standard contract clause, “force majeure,” in new light. A force majeure clause, French for ...

The following information is presented as samples of typical (non-construction) contract wording, and should not be construed or used as legal advice. Check with your counsel on all contracts. These ...

Forbes contributors publish independent expert analyses and insights. Covering everything from luxury homes to housing trends around the world. While real estate activity has slowed down significantly ...

One of the things that make entrepreneurs so great is they love to be able to figure out how to do things on their own. One of the things they do is to draft their own contracts. There are probably a ...

Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...