The contra proferentem rule guides the legal interpretation of contracts and is typically applied when a contract is challenged in court. Contra proferentem places fault on the party creating or introducing an ambiguous contract clause.
What are the requirements for contra proferentem to apply?
The contra proferentem rule is a legal doctrine in contract law which states that any clause considered to be ambiguous should be interpreted against the interests of the party that created, introduced, or requested that a clause be included.
What is the rule of contra proferentem?
Contra Proferentem rule is a contract between two parties that tends to change a clause in a contract that has an ambiguous nature after the decision of the court. Insurance industries are the examples to it that can file complaints in the court if it finds a contract to be of such a nature.