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 ...
When you sign a home improvement contract, you probably focus on the price, the design, and when the work will be finished. The clause that quietly decides whether your project becomes a financial ...
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 ...
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 ...
Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...
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 ...
Non-compete clauses are often condemned as being unfair or exploitive toward employees. While they can be harmful if structured poorly, they are nonetheless an important part of protecting business ...