Marketing a home for sale is one of the primary jobs of a listing agent. If they do not let people know your home is for sale, it will not sell. The MLS is an effective way to introduce a new home to the market because it introduces the home to agents in your area that are not part of the listing agent's company.
The contractor will almost always ask for the liquidated damages to be an exclusive remedy. A common formulation for the clause would be that the liquidated damages are an exclusive remedy for the power stationâs failure to perform.
At their best, liquidated damages clauses provide a means for parties to avoid costly disputes as to the amount of financial damages suffered as a result of one party's breach of an agreement. However, and unfortunately, liquidated damages clauses are generally misunderstood and often incorrectly formulated.