Contract Disclosure
/ˈkɒn.trækt dɪsˈkloʊ.ʒər/
Definitions
- (n.) The act or process of revealing or making information contained within a contract accessible to the involved parties or relevant third parties.
The contract disclosure ensured all stakeholders were aware of the obligations and rights before signing.
- (n.) A legal requirement or provision obligating a party to disclose certain terms or information within a contract to promote transparency and informed consent.
Failure to comply with contract disclosure provisions may result in penalties or contract voidance.
Related terms
See also
Commentary
Contract disclosure is crucial in preventing misrepresentation and ensuring fairness; drafters should clearly specify what information must be disclosed and to whom.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.