Delaware Code (Titles 8, 9, 25, 30)
25 Del. C. § 81-112
Unconscionable agreement or term of contract
# (a)
The court, upon finding as a matter of law that a contract or contract clause was unconscionable at the time the contract was made, may refuse to enforce the contract, enforce the remainder of the contract without the unconscionable clause, or limit the application of any unconscionable clause in order to avoid an unconscionable result.
# (b)
Whenever it is claimed, or appears to the court, that a contract or any contract clause is or may be unconscionable, the parties, in order to aid the court in making the determination, must be afforded a reasonable opportunity to present evidence as to:
# (1)
The commercial setting of the negotiations;
# (2)
Whether a party has knowingly taken advantage of the inability of the other party reasonably to protect that party’s interests by reason of physical or mental infirmity, illiteracy, inability to understand the language of the agreement, or similar factors;
# (3)
The effect and purpose of the contract or clause; and
# (4)
If a sale, any gross disparity, at the time of contracting, between the amount charged for the property and the value of that property measured by the price at which similar property was readily obtainable in similar transactions. A disparity between the contract price and the value of the property measured by the price at which similar property was readily obtainable in similar transactions does not, of itself, render the contract unconscionable.
Amendment history
76 Del. Laws, c. 422, § 2; 77 Del. Laws, c. 91, § 82
Source: view the official text
In this title (40 sections)
- 25-81-101 · Short title
- 25-81-102 · Applicability
- 25-81-103 · Definitions
- 25-81-104 · Variation by agreement
- 25-81-105 · Separate titles and taxation
- 25-81-106 · Applicability of local ordinances, regulations, and…
- 25-81-107 · Eminent domain
- 25-81-108 · Supplemental general principles of law applicable
- 25-81-109 · Construction against implicit repeal
- 25-81-110 · Uniformity of application and construction
- 25-81-111 · Severability
- 25-81-112 · Unconscionable agreement or term of contract
- 25-81-113 · Obligation of good faith
- 25-81-114 · Remedies to be liberally administered
- 25-81-115 · Relation to Electronic Signatures in Global and National…
- 25-81-116 · Applicability to new common interest communities; effective…
- 25-81-117 · Exception for small condominiums and cooperatives
- 25-81-118 · Exception for small and limited expense liability planned…
- 25-81-119 · Applicability to preexisting common interest communities…
- 25-81-120 · Exception for small preexisting cooperatives and planned…
- 25-81-121 · Amendments to governing instruments
- 25-81-122 · Applicability to nonresidential and mixed-use common…
- 25-81-123 · Applicability to out-of-state common interest communities
- 25-81-124 · Applicability to continuing care common interest communities
- 25-81-125 · Additional exceptions for preexisting common interest…
- 25-81-126 · Transition period for existing contracts prior to effective…
- 25-81-127 · Notice
- 25-81-201 · Creation of common interest communities
- 25-81-202 · Unit boundaries
- 25-81-203 · Construction and validity of declaration and bylaws
- 25-81-204 · Description of units
- 25-81-205 · Contents of declaration
- 25-81-206 · Leasehold common interest communities
- 25-81-207 · Allocation of allocated interests
- 25-81-208 · Limited common elements
- 25-81-209 · Plats and plans
- 25-81-210 · Exercise of development rights
- 25-81-211 · Alterations of units
- 25-81-212 · Relocation of unit boundaries
- 25-81-213 · Subdivision of units