ChecklistEveryone·Checklists
Contract Red Flags Checklist
Common warning signs in any contract, in plain language.
Sections covered
- Watch for
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Watch for
Unlimited or uncapped liability.
A personal guarantee that puts your own assets at risk.
Indemnity clauses that make you cover the other side's legal costs.
Automatic renewal with a short cancellation window.
Broad assignment of your intellectual property.
Payment terms that are vague or heavily delayed.
One sided termination rights.
A clause that says verbal agreements do not count.
Jurisdiction or arbitration far from where you live.
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