WHAT TO AVOID WHEN DRAFTING CONTRACTS/AGREEMENTS

WHAT TO AVOID WHEN DRAFTING CONTRACTS/AGREEMENTS

The most dangerous clause in your Agreement/contract is the one you do not fully understand.

Discretionary clauses appear harmless, hiding in phrases like ‘may’ or “subject to approval.” When a contract says the other party ‘may’ act, it means they can simply choose not to.

And when it says your acts are subject to approval, it means you do not actually have the right until someone else decides to grant it.

In both cases the power is one-sided, leaving you exposed to delays, denials or outright loss of what you thought you secured.

These clauses are often overlooked because they sound polite, but in reality they can completely undermine the benefits you believe you bargained for.

This is why no serious business or property owner should ever take written Agreements/contracts lightly. A contract is the law between you and the other person.

One hidden ‘may’ or a casual “subject to approval” can wipe away your bargaining power or tie your hands in ways you never imagined. By the time you realize the damage, the other party is enforcing the terms against you.

So insist on a thorough legal review. Have an experienced Business and Property Lawyer prepare or review the draft for you.

When a Lawyer drafts your contract, it is not just about fine grammar but solid legal protection, balance of duties and closing every loophole that could later be used against you.

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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls & Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com