North Carolina 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

§143-134.1(b3). In the event the general contractor improperly holds excess retainage or fails to promptly pay its subcontractors their retainage, the general contractor must pay 1% per month interest on such retainage. N.C.G.S. §143- 134.1(b1)(3).

§ 22C-2. Performance by a subcontractor in ance with the provisions of its contract shall entitle it to payment from the party with whom it contracts.

Unlike ?sick pay,? the North Carolina Department of Labor takes the position that vacation pay needs to be paid upon termination unless there is a written policy that states that vacation pay will be forfeited. Such unused vacation should be paid to you at your final rate of pay.

In North Carolina, at-will employment means that you or your employer can end your employment at any time. And neither you nor your employer has to have a good reason?or any reason?to terminate your employment relationship.

Employees whose employment is discontinued for any reason shall be paid all wages due on or before the next regular payday either through the regular pay channels or by mail if requested by the employee.

North Carolina requires that final paychecks be paid on the next scheduled payday, regardless of whether the employee quit or was terminated.

For more information about workplace rights, please contact our toll free number at 1-800-NC-LABOR (800-625-2267).

Employees whose employment is discontinued for any reason shall be paid all wages due on or before the next regular payday either through the regular pay channels or by mail if requested by the employee.

Under Labor Code Section 202, when an employee not having a written contact for a definite period quits his or her employment and gives 72 hours prior notice of his or her intention to quit, and quits on the day given in the notice, the employee is entitled to his or her wages at the time of quitting.

An employer must pay an employee at least the minimum wage (currently $7.25 an hour under both North Carolina and federal labor laws) or pay the employee the promised rate of pay, whichever is greater, and pay time and one-half overtime pay based on the employee's regular rate of pay for all hours worked in excess of ...

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North Carolina Provision to Include Final Billing