Sure, you can read it but this is our STANDARD LANGUAGE

We have all seen onerous and unfair language in contracts, waivers, releases, invoices, disclaimers, disclosures, notices. Sometimes it is in the dreaded “fine print.” Sometimes it is in large bolded, underlined print. When one party challenges such language, we often hear the response: This is “industry standard.”

Don’t agree to proposed language based on an opposing party’s assertion that it is standard or typical language.

A vendor or contractor may claim that their contract is “industry standard”. Instead of negotiating what is or is not “industry standard,” focus on the nature and scope of the services, the contract price, the risk involved and the parties’ ability to control/manage risk. These issues are far more meaningful than whether or not a term is “industry standard.”      Read the article…………


Related Articles

Wages Series Part 3: Overtime

Sometimes there isn’t enough time in the regular work week to get everything done. You may have a sudden influx

Online Voting for Community Associations

We recently concluded a membership vote to adopt an entirely new set of CC&Rs and Bylaws. The CC&Rs require 75%

Advantages of Property Management Maintenance Services

Keeping your association well-maintained is important. It keeps the HOA in good shape and prevents potential hazards. However, as the