| CONTRACTS CORNER: Ten Petite Contract Provisions
Source: Robin Roth, Senior Contracts Editor |
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Everything is negotiable in a contract - as long as both parties agree and the contract meets the other standards for a legally binding agreement. Naturally, when a hotel representative fills in the blanks on the approved contract form and submits it to you for review, the proposed agreement will be skewed in favor of the hotel, requiring a careful review on your part for terms that you may want to add or change to create a more reasonably balanced agreement. First and foremost in your review will be the vital data concerning dates, rates and space. Then come the essential terms like cancellation and room block performance. Finally, consider some terms that may not appear to be a priority on your radar screen but can definitely enhance the quality of your meeting. Here's a list of ten planners' favorites:
This list will trigger ideas for other requests to negotiate that can be tailored to meet your group's unique needs. Often it is this attention to detail that ensures the satisfaction of attendees and the success of your meeting. (Note: This information is not intended to be "legal advice." A qualified attorney should be consulted to review all contract issues.) |