Reviewed by Aug 27, 2020| Updated on
Boilerplate text or merely boilerplate often points to text, standard document, procedure, or method. The term 'boilerplating' generally refers to the work that has no originality and is not made with any sincere efforts.
In contract law, documents that contain boilerplated language or language, which is generic or standard, is used in writing contracts — for example, encumbrance certificate, sale deed, incumbency certificate, and so on.
Documents that are written in boilerplate language are generally used for increasing efficiency and standardising the structure and language of standard documents, such as investments, bonds, indentures, contracts, and so on.
Broadly, the term boilerplate is popularly used where a document or form is to be made use of again with no significant modification when it comes to the text and language. One of the most known boilerplate documents is a bank home loan term sheet.
Bank officials and applicants will fill in all relevant columns and check on checkboxes wherever applicable. This helps in alleviating the need to create numerous documents for individual customers. Boilerplate documents will help in parties signing for unfavourable terms and conditions.
In the modern world, businesses generally make use of the documents that are written in boilerplate language to safeguard their own interest. These documents are typically not permitted for negotiations with clients and cutomers who generally sign without giving much importance to reading and understanding what exactly is written in them.
These boilerplate documents are often written by and prepared by parties having a superior power of bargaining and presented to weaker parties for adhesion contacts. Courts can overrule these documents if they feel it’s unfair on any of the sides.
Having boilerplate language reduces the time and efforts that will have to be put in otherwise. These documents could be found across a variety of purposes across all industries. Boilerplate texts are generally a part of templates that can be quickly filled and personalised accordingly.