A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key ...

A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.

What Is a Habendum Clause? A habendum clause defines the extent of ownership or interest that the grantee or lessee will have in the property, clarifying the rights being transferred and the duration ...

When engaging in a real estate transaction, it's important to understand the details of your mortgage agreement - especially clauses that dictate how ownership can be transferred. One such provision ...

Tesla quietly removed a clause from the Cybertruck order agreement that said owners could face a $50,000 penalty if they resold the EV without the company’s agreement. The clause was put in place in ...