Example of clause regarding Joint Drafting of the lease. This clause may be deemed to have been drafted by all Parties and, in the event of a dispute, no Party shall be entitled to claim that any provision hereof should be construed against any other Party by reason of the fact that it was drafted by one particular Party.
While it's always smart to have a legal eagle look over things, many folks can draft a straightforward Joint Drafting Clause on their own as long as they understand the basics.
Yes, a Joint Drafting Clause is legally binding as long as the entire contract is valid, just like any other part of the agreement.
If a dispute arises, having a Joint Drafting Clause can be a real lifesaver, as it shows both sides agreed to the wording and intent from the get-go.
Usually, once the ink is dry, you can't change it without both parties agreeing again, so it’s best to nail it down before signing.
It creates a sense of partnership and ensures that neither side can claim the other wrote something confusing or unfair.
Including one shows everyone is on the same page and agreed on the terms, making it less likely for anyone to play the blame game down the line.
A Joint Drafting Clause is a part of an agreement that says both parties worked together to draft the document, which can help out if there's ever a disagreement later on.