Real Estate Space

The Commercial Real Estate Finance Law Blog, with notes on real estate law and the real estate business from a Massachusetts lawyer

Monday, September 17, 2007

Reasonable Efforts versus Best Efforts

Ken Adams, author of A Manual of style for Contract Drafting, published this article in The Practical Lawyer: Understanding Best Efforts and Its Variants.

I particularly liked his chart of the different "effort" phrases used in contracts filed with the SEC in 2004:

Labels: Contracts, Drafting

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      • The Right to Exclude as a Property Right
      • REIT Joint Ventures Unfazed By Credit Market Tumult
      • Exceptions to Limited Liability
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