Adventures in Literal Document Reading

The literal reader's tendency to critique (at least mentally) harmless correspondence has slight practical value, but a lawyer's ability to see the literal meaning of phrases and defined terms can be a blessing when editing documents that must be precise and clear. Does this mean that this...

Full description

Saved in:
Bibliographic Details
Published in:Probate and Property 2020-03, Vol.34 (2), p.64-64
Main Author: Moore, Marie Antoinette
Format: Magazinearticle
Language:English
Subjects:
Agreements
Interpretation and construction
Laws, regulations and rules
Leases
Sales contracts
State court decisions
Time (Law)
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The literal reader's tendency to critique (at least mentally) harmless correspondence has slight practical value, but a lawyer's ability to see the literal meaning of phrases and defined terms can be a blessing when editing documents that must be precise and clear. Does this mean that this lease is a done deal, subject to described conditions and diligence rights? Or does it mean that the document is an executory contract, with the parties contemplating a subsequent closing at which they will sign additional documents to obligate themselves and transfer the leasehold? Even when the lease term is to commence later and the tenant has the right to terminate before that commencement date based on specified conditions, the parties view their original agreement as the real lease.
ISSN:0164-0372
2163-0135