Make sure you read and understand “boilerplate” language before you sign a contract. Many of my clients are surprised to find that they cannot enforce a contract in their home state or have agreed to limit their damages because they did not pay attention to the boilerplate language. Although it may be tempting to skip over these details, these provisions are critically important and can have a dramatic impact on your contractual rights and liabilities.
Boilerplate refers to the standard terms that are usually included at the end of every contract and address such things as how to handle disputes, where to bring a lawsuit and how to make changes to the contract. These provisions are typically the same from contract to contract, regardless of the specific terms of the deal.
There are many boilerplate provisions, but some of the most common will include:
There are many other boilerplate provisions that may be included, depending on the type of contract and the subject matter. Even though these provisions use standard language, they can still be negotiated like any other part of the contract and written to meet your specific needs.
Make sure to read the boilerplate provisions carefully and have a thorough understanding of how they affect your contractual rights and liabilities before you sign any contract.
This information is provided for informational purposes only and is not to be considered legal advice. Prior to relying on this information, please contact boylanlegal.com for a consultation.
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Thomas J. Boylan Attorney at Law