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Re: Limit of liability[Subject Prev][Subject Next][Thread Prev][Thread Next]
- To: seaoc(--nospam--at)seaoc.org
- Subject: Re: Limit of liability
- From: "James A. Lord" <jlord(--nospam--at)pacbell.net>
- Date: Sat, 25 Jan 1997 22:33:39 -0800
My understanding of LOL is that it will not hold up in court if the client who signed the agreement does not have the sophistication to understand the implications. This means that for an architect, the LOL would probably hold up. However, for a owner, it may not. One way to improve your chances is to document negotiations and/or to have a line to initial at the bottom of your contract which states that the client understands what the LOL is and that it was negotiated. The courts just don't want to see people hoodwinked by fast-talking consultants.
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