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It's Never Just Boilerplate by Rebecca Gray for Contract Nerds

It’s Never Just Boilerplate

Our job as contracts professionals is recognizing what the circumstances require, assembling the best examples and templates to start from, and understanding how and where to revise language to meld these pieces into a roadmap that will facilitate smooth execution of the deal while protecting both parties from undesirable outcomes. That’s why common contract language isn’t just boilerplate.

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Critical Clauses in Commercial Lease Agreements by Neil Greenbaum, for Contract Nerds

Critical Commercial Lease Clauses – Tenant Side

Signing a commercial lease is a big deal for most business owners. Not only is the business assuming considerable financial obligations as the tenant, but it is extremely probable that the business owner will have to personally guarantee some (if not all) of these obligations.  If the business owner is unable to, the implications may be disastrous. In this article, real estate attorney, Neil Greenbaum, provides a list of critical clauses in commercial lease agreements that tenants should take into consideration.

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Contract Redlining Etiquette – Rule # 8 on Final Versions, by Nada Alnajafi, for Contract Nerds

Contract Redlining Etiquette – Rule # 8 on Finalizing

While the contract redlining process can be fun, alas, it must come to an end at some point. But before you send the contract off for signatures and scratch this one off your To-Do list, there are a few steps you should take to ensure that the final version of the contract is truly the final version.  This Rule #8 outlines three main stages of preparation that you are responsible for before you send a final contract out for signature: 1) Control, 2) Verify, and 3) Clean.

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