Legal Question in Intellectual Property in New York

Re: Liability clause

There's no such thing as a typical liability clause. Until you sign an agreement it's negotiable. You could simply tell the other side "no," that you don't warrant the accuracy of the information and/or your liability will be limited to amounts you receive under the contract. There are a number of ways to go. Your question suggests that you don't have an attorney representing you. While other members of this board and I can make suggestions you're better off having an attorney review the entire proposed agreement as the negotiation should take in the "four walls" of the contract (e.g., is the fee you're getting worth the risk? how long does the liability endure? what other rights and obligations are you getting? what constitutes erroneous information? etc.). You might also consider discussing errors and omissions insurance with a broker as this would be possible coverage if you made a mistake in your information.