Liquidated damages may be incorporated as a clause in an agreement when the parties to the agreement agree to the payment of a certain sum as a fixed and agreed upon payment for doing or not doing certain things particularly mentioned in the agreement. It is the amount of money specified in a contract to be awarded in the event that the agreement is violated, often when the actual damages are difficult to determine with specificity.
Long Beach California Declaration of Cash Gift with Condition
Category:
State:
Multi-State
City:
Long Beach
Control #:
US-01974BG
Format:
Word
Instant download
