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.
Collin Texas Provision to Include Final Billing ensures that all financial transactions and outstanding balances are accurately accounted for and settled before finalizing any business agreements or contracts in the Collin County area of Texas. This provision is crucial to safeguard both parties involved by ensuring that any outstanding invoices, fees, or additional costs are properly addressed and settled before terminating the business relationship. In Collin Texas, several types of provisions can be included to ensure final billing is adequately covered. These provisions may vary depending on the nature of the business or the contractual agreement. Here are a few examples: 1. Final Payment Provision: The final payment provision ensures that the parties involved agree on the total amount due and the method of payment. It specifies when the final payment should be made and outlines the consequences of delayed or non-payment. 2. Outstanding Balance Provision: This provision is included when there are outstanding balances or unresolved financial matters between the parties. It sets a deadline for both parties to settle any outstanding payments before terminating the business relationship. 3. Disputed Charges Provision: In cases where there are disputes or discrepancies in the final billing statement, this provision outlines the process for resolving such issues. It may specify the need for a formal dispute resolution process, such as mediation or arbitration, to reach a fair resolution. 4. Late Payment Penalties Provision: This provision stipulates the penalties or additional fees that will be charged to the party responsible for delayed payments. It serves as a deterrent for late payments and encourages timely settlement of final bills. 5. Confidentiality Provision: In some cases, the final billing statement may contain sensitive financial information. This provision ensures that the parties involved keep such information confidential and do not disclose it to unauthorized individuals or third parties. 6. Amendment Provision: This provision allows for adjustments or modifications to the final billing statement if necessary. It provides a framework for parties to communicate changes in financial obligations and update the final billing accordingly. By including these provisions in the Collin Texas Provision to Include Final Billing, businesses can minimize potential issues, disputes, or misunderstandings related to payment and ensure a smooth and transparent conclusion to their business relationships.Collin Texas Provision to Include Final Billing ensures that all financial transactions and outstanding balances are accurately accounted for and settled before finalizing any business agreements or contracts in the Collin County area of Texas. This provision is crucial to safeguard both parties involved by ensuring that any outstanding invoices, fees, or additional costs are properly addressed and settled before terminating the business relationship. In Collin Texas, several types of provisions can be included to ensure final billing is adequately covered. These provisions may vary depending on the nature of the business or the contractual agreement. Here are a few examples: 1. Final Payment Provision: The final payment provision ensures that the parties involved agree on the total amount due and the method of payment. It specifies when the final payment should be made and outlines the consequences of delayed or non-payment. 2. Outstanding Balance Provision: This provision is included when there are outstanding balances or unresolved financial matters between the parties. It sets a deadline for both parties to settle any outstanding payments before terminating the business relationship. 3. Disputed Charges Provision: In cases where there are disputes or discrepancies in the final billing statement, this provision outlines the process for resolving such issues. It may specify the need for a formal dispute resolution process, such as mediation or arbitration, to reach a fair resolution. 4. Late Payment Penalties Provision: This provision stipulates the penalties or additional fees that will be charged to the party responsible for delayed payments. It serves as a deterrent for late payments and encourages timely settlement of final bills. 5. Confidentiality Provision: In some cases, the final billing statement may contain sensitive financial information. This provision ensures that the parties involved keep such information confidential and do not disclose it to unauthorized individuals or third parties. 6. Amendment Provision: This provision allows for adjustments or modifications to the final billing statement if necessary. It provides a framework for parties to communicate changes in financial obligations and update the final billing accordingly. By including these provisions in the Collin Texas Provision to Include Final Billing, businesses can minimize potential issues, disputes, or misunderstandings related to payment and ensure a smooth and transparent conclusion to their business relationships.
