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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Language To Protect Against Lawsuit Posted by steve on October 24, 2003 at 1:42 PM ward in order to discourage one party or the other from running to an attorney and causing all kinds of headaches and potential fees, what are your thoughts of putting a clause into a purchase agreement in an addendum/counter such as : Maximum liability for default by buyer or seller under this contract shall not exceed $1,000.00 would that then applicably set a limit for recovery so that it is a small claims issue only?? thank you Follow Ups: Waiver or limitation invalid as against public policy.. Ward-CA- 3:44 PM, 10/24/03 (1) I Need to Clarify steve 8:34 PM, 10/24/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : ward : in order to discourage one party or the other from running to an attorney and causing all kinds of headaches and potential fees, what are your thoughts of putting a clause into a purchase agreement in an addendum/counter such as : : Maximum liability for default by buyer or seller under this contract shall not exceed $1,000.00 : would that then applicably set a limit for recovery so that it is a small claims issue only?? : thank you Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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