Indiana Provision to Include Final Billing

State:
Multi-State
Control #:
US-OL4024B
Format:
Word; 
PDF
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Description

This office lease provision states that the landlord and the tenant mutually acknowledge a good faith estimate, but that only the real estate brokerage fee has actually been determined. Thereafter, the agreed upon sum will be adjusted, increased or decreased, accordingly to reflect the actual sum once determined.

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FAQ

(1) "Establishment Clause" refers to the part of the First Amendment of the Constitution of the United States or the Constitution of the State of Indiana prohibiting laws respecting the establishment of religion.

Final Payment; Requirements; Claims by Subcontractors, Laborers, or Suppliers; Disputes. Sec. 12. (a) When a public work project is to be performed, the board shall withhold final payment to the contractor until the contractor has paid the subcontractors, material suppliers, laborers, and those furnishing services.

(a) The board, upon a declaration of emergency, may contract for a public work project without advertising for bids if bids or quotes are invited from at least two (2) persons known to deal in the public work required to be done.

The statute of limitations for breach of oral or written professional services contracts is two (2) years. The statute of limitations for breach of all other types of oral contracts is six (6) years. The statute of limitations for breach of all other written contracts is ten (10) years.

In fact, under Indiana Code § 35-41-4-2, murder and Level 1 and Level 2 felonies have no limitations period, meaning the prosecutor can bring the charges at any point after the commission of the offense.

(a) If, in the course of the construction, reconstruction, or repair of a public work project, it becomes necessary to change or alter the original specifications, a change order may be issued to add, delete, or change an item or items in the original contract.

Generally, a claim for breach of a written contract is subject to a ten-year statute of limitations claim in Indiana.

Depending on the particular type of case or procedure, Indiana's statutes of limitations range from two to 20 years. The point at which the proverbial clock starts ticking is typically either the date of the incident or discovery of the harm.

A person who knowingly or intentionally breaks and enters the dwelling of another person commits residential entry, a Level 6 felony.

Under Indiana law, the three elements of a breach of contract claim are (1) the existence of a contract, (2) the defendant's breach thereof, and (3) damages suffered as a result.

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Indiana Provision to Include Final Billing