Which areas one should pay more attention to in agreements or contracts?

[Vijay Kurhade]

Construction agreements or contractors are of different types with so many different terms; apart from Legal help as an expert 

Which are some of the areas/terms you think if not paid attention and understood properly results in risk potentials?

Any real life cases experienced which could help understand them without violating any NDA; please do share them (remove all confidential important data)

Thanks in Advance

[Chris Seveney]

Quote from @Vijay Kurhade:

Construction agreements or contractors are of different types with so many different terms; apart from Legal help as an expert 

Which are some of the areas/terms you think if not paid attention and understood properly results in risk potentials?

Any real life cases experienced which could help understand them without violating any NDA; please do share them (remove all confidential important data)

Thanks in Advance

 indemnification clauses are extremely critical in every agreement. This basically is if one party screws up, who pays legal fees. For example a lot of property management companies want the owner to indemnify the property manager even if they were at fault / potential did something illegal. Yep you read that right.