The parties may agree to a different performance. This is called an accord. When the accord is performed, this is called an accord and satisfaction. The original obligation is discharged. In order for there to be an accord and satisfaction, there must be a bona fide dispute; an agreement to settle the dispute; and the performance of the agreement. An example would be settlement of a lawsuit for breach of contract. The parties might settle for less than the amount called for under the contract.
King Washington Agreement for Accord and Satisfaction of a Disputed Claim
State:
Multi-State
County:
King
Control #:
US-00435BG
Format:
Word;
Rich Text
Instant download
Description
How to fill out King Washington Agreement For Accord And Satisfaction Of A Disputed Claim?
Drafting papers for the business or personal demands is always a huge responsibility. When drawing up a contract, a public service request, or a power of attorney, it's important to consider all federal and state laws of the particular region. Nevertheless, small counties and even cities also have legislative provisions that you need to consider. All these details make it burdensome and time-consuming to create King Agreement for Accord and Satisfaction of a Disputed Claim without professional assistance.
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