Mar 3, 2009

3-2-1-Contract

Tonight I had to review an 11-page contract on a house we might buy. The language in the document was incredibly confusing and seemed mostly like a bunch of jumbled legal-speak. Then I came across the section below which was the highlight of my day. The fact that this is in a legal document worded this way is hysterical to me.

“No party shall be responsible for delays or failure of performance resulting from acts of God, riots, acts or war, epidemics, power failures, acts of terrorism, earthquakes or other disasters, providing such delay or failure of performance could not have been prevented by reasonable precautions and cannot reasonably be circumvented by such party through use of alternate sources, workaround plans or other means…”

So basically...if God sends down the plagues again, and you are late sending in your deposit because you were caught in a field of locusts, it's ok, you won't be held responsible. Or, if there is a sudden resurgence of the bubonic plague, don't you worry your pretty little head, the seller understands. And you don't even have to ask, if there is a surprise war or riot on your way to sign escrow documents it's totally alright. Man, these real estate folks are super easy going.

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