Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision

State:
Multi-State
Control #:
US-ND0902
Format:
Word; 
PDF
Instant download

Description

This form provides boilerplate contract clauses that outline the remedies available to the parties both under and outside the terms of the contract agreement.

Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision are legal concepts that govern the rights and options available to parties involved in a legal dispute or breach of contract situation in Pennsylvania. These provisions aim to outline and limit the scope of available remedies, specify the remedies that can be elected by the injured party, and establish whether remedies can be cumulative or exclusive in nature. Pennsylvania Limitation of Remedies: 1. Statutory Limitation of Remedies: Pennsylvania has various statutes that impose limitations on the types or amounts of damages that can be claimed in certain legal actions. For example, under the Pennsylvania Workers' Compensation Act, injured workers are limited to seeking compensation for specific work-related injuries through the workers' compensation system, rather than pursuing civil litigation against their employers. 2. Contractual Limitation of Remedies: Parties to a contract may include specific clauses that limit the available remedies in the event of breach or non-performance. For instance, a contract may stipulate that the injured party can only seek a refund of the purchase price or request specific performance, rather than pursuing additional damages such as lost profits or punitive damages. Election of Remedies: In Pennsylvania, the concept of election of remedies allows an injured party to choose among different available remedies when seeking relief for a breach of contract or other legal violation. The injured party must elect one remedy and is generally not allowed to pursue multiple remedies simultaneously. Common examples include: 1. Monetary Damages: The injured party can elect to seek compensatory damages, which aim to financially compensate for any losses suffered as a result of the breach. It may cover actual damages, such as economic losses, as well as non-economic damages like pain and suffering, emotional distress, or reputational harm. 2. Specific Performance: If the breach involves a unique item or contracted performance that cannot be easily replaced or compensated with money, the injured party may elect to seek specific performance. This remedy requires the breaching party to fulfill their contractual obligations precisely as specified. 3. Rescission and Restitution: Rescission is an election of remedy that allows the injured party to cancel the contract and seek a return of any consideration given. Restitution aims to restore the injured party to the position they were in prior to entering into the contract, by returning any benefits received and compensating for any losses suffered. Cumulative Remedies Provision: The cumulative remedies provision refers to a contractual clause or legal doctrine indicating that the available remedies are not mutually exclusive, and the injured party can pursue multiple remedies simultaneously. It allows the injured party to exhaust all possible remedies in order to maximize their chances of obtaining appropriate relief. However, the enforceability of a cumulative remedies provision may depend on the specific language used and the jurisdiction, including Pennsylvania, in which the dispute arises. In conclusion, Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision play crucial roles in defining the boundaries of available legal remedies for parties involved in disputes or breaches of contracts. Parties should carefully analyze the applicable statutes and contractual terms to determine their rights, limitations, and options for resolution in such situations.

How to fill out Pennsylvania Limitation Of Remedies, Election Of Remedies, And The Cumulative Remedies Provision?

US Legal Forms - among the greatest libraries of legal forms in America - gives a variety of legal papers themes you can down load or print out. Using the website, you may get a huge number of forms for enterprise and personal reasons, sorted by types, states, or key phrases.You can get the most recent versions of forms just like the Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision within minutes.

If you already have a subscription, log in and down load Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision from the US Legal Forms local library. The Obtain button can look on each develop you see. You have access to all earlier delivered electronically forms from the My Forms tab of your account.

If you would like use US Legal Forms the very first time, listed below are basic recommendations to get you started:

  • Be sure you have picked out the proper develop for the city/county. Click the Review button to review the form`s articles. Browse the develop outline to ensure that you have chosen the proper develop.
  • When the develop doesn`t suit your demands, use the Lookup field on top of the display screen to obtain the one which does.
  • When you are content with the form, affirm your decision by visiting the Acquire now button. Then, choose the pricing strategy you want and give your credentials to register for the account.
  • Approach the deal. Utilize your bank card or PayPal account to accomplish the deal.
  • Select the format and down load the form in your device.
  • Make adjustments. Complete, edit and print out and sign the delivered electronically Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision.

Each and every format you added to your account does not have an expiry particular date and is yours permanently. So, in order to down load or print out one more backup, just proceed to the My Forms section and click about the develop you need.

Get access to the Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision with US Legal Forms, the most comprehensive local library of legal papers themes. Use a huge number of specialist and status-particular themes that fulfill your small business or personal requires and demands.

Form popularity

FAQ

In Pennsylvania, the general (or default) statute of limitations is two years after a crime is committed. But for a long list of "major offenses," prosecutors have five years.

A limitation of liability clause limits the amount and/or types of damages that may be attributable to a particular party under the contract for that party's future breach or misconduct while performing under the contract.

The existence of a valid contract. Proof you performed your obligations under the terms of the contract or, alternatively, proof you were justified in not doing so. Proof the defendant failed to perform their obligations under the terms of the contract. Proof you suffered damages due to the defendant's breach.

An exclusive remedies clause limits the owner's right to recover for any failure of the contractor to fulfill its contractual obligations to those remedies specified in the contract.

Limitation of Remedies in the Context of Freedom of Contract. Under the principle of ?freedom of contract,? the parties to a contract may agree to expand or limit otherwise available remedies.

In many agreements, you may find a clause labeled ?limitation of remedy.? This clause is largely similar to a limitation of liability clause in that it controls how much responsibility a company has under a contract. Often, however, the limitation of remedy clauses limits the types of remedies you can pursue.

A limitation clause is a constitutional provision which enables constitutionally protected rights to be partially limited, to a specified extent and for certain democratically justifiable purposes.

A limitation of liability clause (sometimes referred to simply as a liability clause) is the section in a contracted agreement that specifies the damages that one party will be obligated to provide to the other under terms and conditions stipulated in the contract.

Interesting Questions

More info

Contractual modification or limitation of remedy. (a) General rule. ... (2) Resort to a remedy as provided is optional unless the remedy is expressly agreed to be ... ... remedies referred to in subsections (b) and (c) are cumulative. (e) Agreements covering real property and goods.--If the lease agreement covers both real ...While holding that there had been no election of remedies such as to bar the bank's action on the debt, the court noted a limitation on a se- cured party's ... by MJ Meyer · 1931 — The remedies of the bailor are (1) to reposs- ess the bailed property; and (2) to collect the rentals con- tracted for. Provisions are always included to ... The remedies in this Agreement, including without limitation this Section 7.2, are in ... The rights and remedies provided in this Warrant are cumulative and are ... May 4, 2020 — Although many leases state that a landlord's rights are cumulative, Pennsylvania law limits which remedies a landlord can elect and recover. by J Rick III · 1934 — "The established rule of law governing the enforcement of such contracts is that the so-called lessor, on default, can adopt either remedy, but they are not to ... (a) General rule.--The remedies provided by this subpart shall be liberally administered to the end that the aggrieved party is put in as good a position as if ... Look through the form description and check the Preview if there's one on the page. Use the search tab specifying your state above to find another template. This form provides boilerplate contract clauses that outline the remedies available to the parties both under and outside the terms of the contract ...

Trusted and secure by over 3 million people of the world’s leading companies

Pennsylvania Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision