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Thursday, November 21, 2019

What is the mean by Exculpatory clause in real estate?

If you are searching for the meaning of Exculpatory clause in real estate and also a definition of Exculpatory clause,  then this blog post is helpful for you

Definition

A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by the landlord’s actions. Most states have laws that void exculpatory clauses in rental agreements, which means that a court will not enforce them. 

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