This form is a sample agreement between the owner of property and the contractor agreeing that acceptance by contractor of late payments as described in the agreement do not constitute a waiver of the right to receive timely payments pursuant to the agreement in the future.
Miami-Dade Florida Non-Waiver Agreement between Contractor and Owner Regarding Accepting Late Payments is a legal document that outlines the terms and conditions agreed upon by a contractor and an owner in relation to accepting late payments for services or goods rendered. This agreement ensures that both parties understand their rights and responsibilities when dealing with delayed payments. Keywords: Miami-Dade Florida, Non-Waiver Agreement, Contractor, Owner, Accepting Late Payments, terms and conditions, services, goods, rendered, rights, responsibilities, delayed payments. There may be different types of Miami-Dade Florida Non-Waiver Agreements between Contractors and Owners regarding accepting late payments, including: 1. General Non-Waiver Agreement: This type of agreement covers the overall provisions and guidelines for accepting late payments. It sets the groundwork for the contractor and owner to address issues related to payment delays in a fair and mutually beneficial manner. 2. Specific Non-Waiver Agreement: Sometimes, contractors and owners may encounter unique circumstances that require a more detailed and customized agreement. In such cases, a specific non-waiver agreement can be drafted to address the specific terms and conditions regarding late payments for a particular project or situation. 3. Payment Plan Non-Waiver Agreement: In situations where the owner is unable to make a timely payment in full, a payment plan non-waiver agreement can be established. This agreement outlines a structured payment plan that allows the owner to repay the contractor over an extended period, ensuring both parties can come to a satisfactory resolution. 4. Penalty and Interest Non-Waiver Agreement: To discourage late payments and compensate for any financial burden caused by delayed payments, a penalty and interest non-waiver agreement can be put in place. This agreement specifies the penalties and interest charges that the owner will incur for late or unpaid invoices, ultimately incentivizing prompt payment. 5. Mutual Waiver Non-Waiver Agreement: In certain cases where the contractor and owner have a well-established relationship built on trust and reliability, they may agree to a mutual waiver non-waiver agreement. This type of agreement acknowledges that occasional late payments may occur but waives any penalties or legal actions from either party as long as the contractor is promptly paid in the long term. It is important for both contractors and owners to seek legal counsel when drafting and signing a Miami-Dade Florida Non-Waiver Agreement to ensure compliance with local laws and regulations.Miami-Dade Florida Non-Waiver Agreement between Contractor and Owner Regarding Accepting Late Payments is a legal document that outlines the terms and conditions agreed upon by a contractor and an owner in relation to accepting late payments for services or goods rendered. This agreement ensures that both parties understand their rights and responsibilities when dealing with delayed payments. Keywords: Miami-Dade Florida, Non-Waiver Agreement, Contractor, Owner, Accepting Late Payments, terms and conditions, services, goods, rendered, rights, responsibilities, delayed payments. There may be different types of Miami-Dade Florida Non-Waiver Agreements between Contractors and Owners regarding accepting late payments, including: 1. General Non-Waiver Agreement: This type of agreement covers the overall provisions and guidelines for accepting late payments. It sets the groundwork for the contractor and owner to address issues related to payment delays in a fair and mutually beneficial manner. 2. Specific Non-Waiver Agreement: Sometimes, contractors and owners may encounter unique circumstances that require a more detailed and customized agreement. In such cases, a specific non-waiver agreement can be drafted to address the specific terms and conditions regarding late payments for a particular project or situation. 3. Payment Plan Non-Waiver Agreement: In situations where the owner is unable to make a timely payment in full, a payment plan non-waiver agreement can be established. This agreement outlines a structured payment plan that allows the owner to repay the contractor over an extended period, ensuring both parties can come to a satisfactory resolution. 4. Penalty and Interest Non-Waiver Agreement: To discourage late payments and compensate for any financial burden caused by delayed payments, a penalty and interest non-waiver agreement can be put in place. This agreement specifies the penalties and interest charges that the owner will incur for late or unpaid invoices, ultimately incentivizing prompt payment. 5. Mutual Waiver Non-Waiver Agreement: In certain cases where the contractor and owner have a well-established relationship built on trust and reliability, they may agree to a mutual waiver non-waiver agreement. This type of agreement acknowledges that occasional late payments may occur but waives any penalties or legal actions from either party as long as the contractor is promptly paid in the long term. It is important for both contractors and owners to seek legal counsel when drafting and signing a Miami-Dade Florida Non-Waiver Agreement to ensure compliance with local laws and regulations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
