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

When you buy a house, closing day is as exciting as it gets. You’re finally getting the keys to your new home! But before that can happen, you need to sign a stack of papers as thick as a school ...

When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A hammer clause is an insurance policy clause that allows an insurer to compel the insured ...

Creating a strong purchase offer is critical when you’ve found a home you want to buy. Essentially, you want to tell the seller you’re both qualified and serious about buying the home. In some cases, ...

Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...

In competitive markets, buyers have to do everything that they can to help their offers stand out from the crowd. Sometimes that even means including an escalation clause. If you’ve been wondering ...

Non-compete clauses limit employees from joining competitors to protect business interests. The FTC proposed banning non-competes, potentially increasing wages by $300 billion. Four states have banned ...