Boilerplate Contract Language: What All That Legalese Means & Why You Should Care

Thursday, January 21 | 10:00 - 11:00 AM
Location: South 220

Format: Building Knowledge Session 
Level of Content: Intermediate 

Appropriate for: Remodelers, Subcontractors & Specialty Trade Contractors, Single Family - All

Track(s): Financing Strategies, Market Forecasts & Legal

Speaker(s): 
William Joseph, Dunn Carney Allen Higgins & Tongue LLP, Portland, OR | 
C. Stephen Tobin, The Tobin Firm PC, Fort Worth, TX

What It’s About:
Boilerplate legalese provisions appear in all types of legal documents but are especially prevalent in construction contracts. Contractors are often unfamiliar with such provisions, which can appear to be arcane and difficult to understand due to the manner in which they are drafted. Nevertheless, such provisions have important implications for contractors' rights and responsibilities under a contract, impact your performance and payment and dictate how disputes will be resolved. In this session, a panel of experienced construction attorneys will help you interpret boilerplate provisions and identify pitfalls to be aware of so you avoid them.

What You'll Learn:
Learn how to interpret boilerplate contract provisions and gain an understanding of the implications and operation of them.
Identify pitfalls of boilerplate contract provisions and learn how to revise contracts to avoid them.
Learn how boilerplate provisions impact your rights and responsibilities under a contract, and how to follow best practices to avoid adverse outcomes.
Gain insightful recommendations on how to review and revise your contracts to minimize adverse implications of boilerplate provisions.

Continuing Education: NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)