2/21/16: Escalation Clauses – A Lawyer’s Dream. In markets with shortages of inventory, buyers know that they must aggressively compete for the right properties. Yet purchasers do not want to pay any more than is absolutely necessary to buy the property. Purchasers sometimes submit “escalation” clauses in an attempt to tie up the property without offering much more than the competition. This session explores the pitfalls of escalation clauses and suggests alternatives. Read Jon Goodman’s article, “Escalation Clauses – A Lawyer’s Dream.”
