Venue Clauses in a Contract: What Are They?

Описание к видео Venue Clauses in a Contract: What Are They?

Venue clauses are a common provision that specify the geographic location where lawsuits can be brought under your contract. In many instances, the venue clause makes sense because it's where the property is located or it’s where the parties live. Parties are free to insert a venue clause into their contract and choose whichever court they would like. If you’ve never been in a lawsuit, you probably don’t think about the venue too often. But if you are signing a contract with another party in another state, you may find that the laws in one state are completely different than the other. In your home state, you would be entitled to win a lawsuit. But if that lawsuit is heard in a different state? You could lose and be forced to pay the attorney fees for the other party.

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00:00 Venue Clauses in Your Contract
01:30 What is a Venue Clause?
02:44 Venue Clauses in Lawsuits
03:56 Understand Your Venue Clause
04:31 Next Steps to Connect With Me

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