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.
Maricopa Arizona Non-Waiver Agreement between Contractor and Owner Regarding Accepting Late Payments is a legal document that outlines the understanding and agreement between a contractor and an owner in Maricopa, Arizona, regarding the acceptance of late payments for construction services or projects. This agreement is designed to protect the rights and interests of both parties involved. The purpose of the Non-Waiver Agreement is to establish clear guidelines and procedures that will be followed in the event of late payment from the owner to the contractor. It states that the contractor, by accepting late payment, does not waive their right to seek full and timely payment for their services. Similarly, the agreement ensures that the owner understands that making a late payment does not exempt them from their responsibilities, and they are still liable for any applicable fees or penalties. It is important to note that there may be different types of Maricopa Arizona Non-Waiver Agreements between Contractor and Owner Regarding Accepting Late Payments, depending on the specific circumstances or project requirements. Some common types include: 1. Standard Non-Waiver Agreement: This is a generic agreement template that can be used for various construction projects in Maricopa, Arizona. It covers the essential clauses and provisions necessary to protect both parties in case of late payments. 2. Residential Construction Non-Waiver Agreement: This agreement specifically applies to residential construction projects in Maricopa, Arizona. It includes additional clauses that address unique aspects related to residential properties, such as homeowner association requirements, permit regulations, and zoning compliance. 3. Commercial Construction Non-Waiver Agreement: This agreement is tailored for commercial construction projects in Maricopa, Arizona. It includes provisions that cover aspects specific to commercial properties, such as commercial zoning, safety regulations, and compliance with ADA (Americans with Disabilities Act) guidelines. 4. Renovation or Remodeling Non-Waiver Agreement: This type of agreement is applicable to projects involving renovations or remodeling of existing structures in Maricopa, Arizona. It highlights considerations related to structural changes, building permits, and possible changes to the initial scope of work. Overall, the Maricopa Arizona Non-Waiver Agreement between Contractor and Owner Regarding Accepting Late Payments is an essential legal document that helps ensure a clear understanding and protect the rights of both parties involved in construction projects. It is advisable for contractors and owners to consult with legal professionals to tailor the agreement to their specific needs and to comply with the applicable laws and regulations.Maricopa Arizona Non-Waiver Agreement between Contractor and Owner Regarding Accepting Late Payments is a legal document that outlines the understanding and agreement between a contractor and an owner in Maricopa, Arizona, regarding the acceptance of late payments for construction services or projects. This agreement is designed to protect the rights and interests of both parties involved. The purpose of the Non-Waiver Agreement is to establish clear guidelines and procedures that will be followed in the event of late payment from the owner to the contractor. It states that the contractor, by accepting late payment, does not waive their right to seek full and timely payment for their services. Similarly, the agreement ensures that the owner understands that making a late payment does not exempt them from their responsibilities, and they are still liable for any applicable fees or penalties. It is important to note that there may be different types of Maricopa Arizona Non-Waiver Agreements between Contractor and Owner Regarding Accepting Late Payments, depending on the specific circumstances or project requirements. Some common types include: 1. Standard Non-Waiver Agreement: This is a generic agreement template that can be used for various construction projects in Maricopa, Arizona. It covers the essential clauses and provisions necessary to protect both parties in case of late payments. 2. Residential Construction Non-Waiver Agreement: This agreement specifically applies to residential construction projects in Maricopa, Arizona. It includes additional clauses that address unique aspects related to residential properties, such as homeowner association requirements, permit regulations, and zoning compliance. 3. Commercial Construction Non-Waiver Agreement: This agreement is tailored for commercial construction projects in Maricopa, Arizona. It includes provisions that cover aspects specific to commercial properties, such as commercial zoning, safety regulations, and compliance with ADA (Americans with Disabilities Act) guidelines. 4. Renovation or Remodeling Non-Waiver Agreement: This type of agreement is applicable to projects involving renovations or remodeling of existing structures in Maricopa, Arizona. It highlights considerations related to structural changes, building permits, and possible changes to the initial scope of work. Overall, the Maricopa Arizona Non-Waiver Agreement between Contractor and Owner Regarding Accepting Late Payments is an essential legal document that helps ensure a clear understanding and protect the rights of both parties involved in construction projects. It is advisable for contractors and owners to consult with legal professionals to tailor the agreement to their specific needs and to comply with the applicable laws and regulations.