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ADR, Liquidated Damages, and Letters of Intent should be considered well in advance when contemplating a possible real estate transaction as they can lead the way to minimizing exposure and maximizing recovery in the event of a dispute arising from the transaction. READ MORE
Liquidated damages can provide parties added incentive to perform all types of contracts, including commercial real estate contracts. But are they enforceable in California? The short answer is that they’re presumed to be enforceable as long as they’re not a penalty. READ MORE
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