When dealing with contract interpretation, what does "objective reading" entail?

In the context of contract interpretation, "objective reading" refers to focusing solely on the text itself. This approach emphasizes analyzing the actual wording and provisions of the contract without considering the personal feelings, opinions, or intentions of the parties involved. Objective reading is fundamental in contract law as it seeks to ascertain the meaning of the contract based on its explicit terms, which reflects the mutual agreement of the parties.

This method ensures that the interpretation aligns with what a reasonable person would understand the terms to mean, providing a clear and predictable application of the law. It fosters certainty in contractual relationships by relying on the written language of the agreement rather than subjective interpretations that might arise from individual perspectives.

This approach is contrasted with interpretations that might involve personal insights or subjective experiences. While external circumstances and facts do play a role in some types of legal analysis, such as in cases where ambiguous language is present, the primary focus in objective reading remains on the contract itself. Consulting with external experts might be useful in certain situations, but it does not align with the fundamental principle of an objective reading, which prioritizes the text of the contract above other considerations.