A contract is usually discharged by performance of the terms of the agreement. However, 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.
Where a claim is disputed, and where the creditor fails to reject a check for a lesser amount remitted to the creditor by the debtor on the clear condition that it be accepted in full satisfaction, the acceptance on the part of the creditor amounts to an accord and satisfaction of the creditor's larger claim. No particular language is required to be used by a debtor in making a tender of a check in full settlement of a claim against the debtor, so long as the tender clearly indicates that acceptance by the creditor of the amount offered must be in full satisfaction of the claim.
The following form is a sample of a notice accompanying a check tendered in settlement of a claim that is in dispute.
Palm Beach Florida is a renowned coastal town located in Palm Beach County, Florida. Known for its luxurious lifestyle, beautiful beaches, upscale shopping areas, and well-manicured landscapes, Palm Beach attracts visitors and residents alike from around the world. The Palm Beach Florida Notice Accompanying Check Tendered in Settlement of Disputed Claim is an official document that accompanies a monetary settlement check offered to resolve a disputed claim. This document is typically sent by an individual or a company as a legal gesture to announce the resolution of the claim and provide a brief explanation of the settlement terms and conditions. Keywords: Palm Beach Florida, coastal town, Palm Beach County, luxurious lifestyle, beautiful beaches, upscale shopping, well-manicured landscapes, visitors, residents, official document, monetary settlement, disputed claim, legal gesture, resolution, settlement terms, conditions. Different types of Palm Beach Florida Notice Accompanying Check Tendered in Settlement of Disputed Claim may include: 1. Personal Injury Claim Settlement Notice: This notice is sent when a personal injury claim, such as a slip and fall or a car accident, is resolved through a settlement agreement in Palm Beach Florida. 2. Property Damage Claim Settlement Notice: This type of notice accompanies a settlement check for property damage claims involving real estate or personal belongings in Palm Beach Florida. 3. Employment Dispute Settlement Notice: When a workplace dispute is settled, this notice is provided to the involved parties, outlining the resolution and enclosed settlement check. 4. Insurance Claim Settlement Notice: If an insurance claim is successfully settled in Palm Beach Florida, an accompanying notice is sent to inform the claimant about the settlement conclusion and payment details. 5. Contractual Dispute Settlement Notice: When a business or contractual disagreement is resolved, a notice explaining the settlement terms and conditions, along with the enclosed check, is sent to the involved parties in Palm Beach Florida. These various types of notices ensure clear communication and legal documentation throughout the settlement process in Palm Beach Florida, promoting transparency and resolving disputes efficiently.Palm Beach Florida is a renowned coastal town located in Palm Beach County, Florida. Known for its luxurious lifestyle, beautiful beaches, upscale shopping areas, and well-manicured landscapes, Palm Beach attracts visitors and residents alike from around the world. The Palm Beach Florida Notice Accompanying Check Tendered in Settlement of Disputed Claim is an official document that accompanies a monetary settlement check offered to resolve a disputed claim. This document is typically sent by an individual or a company as a legal gesture to announce the resolution of the claim and provide a brief explanation of the settlement terms and conditions. Keywords: Palm Beach Florida, coastal town, Palm Beach County, luxurious lifestyle, beautiful beaches, upscale shopping, well-manicured landscapes, visitors, residents, official document, monetary settlement, disputed claim, legal gesture, resolution, settlement terms, conditions. Different types of Palm Beach Florida Notice Accompanying Check Tendered in Settlement of Disputed Claim may include: 1. Personal Injury Claim Settlement Notice: This notice is sent when a personal injury claim, such as a slip and fall or a car accident, is resolved through a settlement agreement in Palm Beach Florida. 2. Property Damage Claim Settlement Notice: This type of notice accompanies a settlement check for property damage claims involving real estate or personal belongings in Palm Beach Florida. 3. Employment Dispute Settlement Notice: When a workplace dispute is settled, this notice is provided to the involved parties, outlining the resolution and enclosed settlement check. 4. Insurance Claim Settlement Notice: If an insurance claim is successfully settled in Palm Beach Florida, an accompanying notice is sent to inform the claimant about the settlement conclusion and payment details. 5. Contractual Dispute Settlement Notice: When a business or contractual disagreement is resolved, a notice explaining the settlement terms and conditions, along with the enclosed check, is sent to the involved parties in Palm Beach Florida. These various types of notices ensure clear communication and legal documentation throughout the settlement process in Palm Beach Florida, promoting transparency and resolving disputes efficiently.