New York A00636 defines certain terms in standard form contracts as unconscionable.

New York A00636 amends the general business law by adding a new section 349-h, which defines certain terms in standard form contracts as unconscionable. These terms include requirements for inconvenient venue, waivers of rights to assert claims or seek remedies, and failure to advise individuals that the contract is a legal document. The bill also establishes a rebuttable presumption that unconscionable terms are not severable from the agreement. It is an unfair and deceptive practice to include these terms in contracts where one party is an individual who did not draft the contract.

New York A00636 defines certain terms in standard form contracts as unconscionable.

New York A00636 amends the general business law by adding a new section 349-h, which defines certain terms in standard form contracts as unconscionable. These terms include requirements for inconvenient venue, waivers of rights to assert claims or seek remedies, and failure to advise individuals that the contract is a legal document. The bill also establishes a rebuttable presumption that unconscionable terms are not severable from the agreement. It is an unfair and deceptive practice to include these terms in contracts where one party is an individual who did not draft the contract.