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.
Los Angeles, California Provision to Include Final Billing consists of an essential clause in many types of agreements and contracts, ensuring clarity and accountability in financial transactions upon the termination of services or completion of a project. This provision governs how the final billing amount is determined, calculated, and communicated between parties involved. In the context of Los Angeles, California, there are various types of provisions to include final billing, each catering to specific industries and sectors. Some notable examples include: 1. Construction Contracts: Los Angeles, being a hub for construction projects, has specific provisions for final billing in construction contracts. These provisions cover aspects such as labor costs, material expenses, change orders, and any additional charges incurred during the project. The provision often requires detailed documentation and transparency to ensure fairness and prevent disputes during final billing. 2. Service Agreements: Service providers in Los Angeles, whether it be in the fields of consulting, maintenance, or professional services, typically have provisions outlining the final billing process. These provisions may cover factors like hourly rates, itemized expenses, milestone payments, and any potential penalties or discounts applicable upon completion of the contract. 3. Rental/Lease Contracts: Property rental or lease agreements in Los Angeles often include provisions related to final billing. These provisions establish how the final rent amount will be determined, including considerations such as prorated rent, security deposit deductions, utility charges, and any outstanding fees or obligations at the end of the lease term. 4. Utility Service Contracts: Public utility providers also have provisions for final billing to ensure accurate measurements of consumed utilities such as electricity, water, gas, or telecommunications. These provisions outline the calculation methods, billing cycles, potential fees, and any dispute resolution mechanisms related to the final billing. It's important to note that specific provisions to include final billing may vary based on the nature of the agreement and the parties involved. However, in general, these provisions prioritize transparency, accuracy, and fairness in determining the final monetary obligations, aiming to avoid misunderstandings and disputes between the parties.Los Angeles, California Provision to Include Final Billing consists of an essential clause in many types of agreements and contracts, ensuring clarity and accountability in financial transactions upon the termination of services or completion of a project. This provision governs how the final billing amount is determined, calculated, and communicated between parties involved. In the context of Los Angeles, California, there are various types of provisions to include final billing, each catering to specific industries and sectors. Some notable examples include: 1. Construction Contracts: Los Angeles, being a hub for construction projects, has specific provisions for final billing in construction contracts. These provisions cover aspects such as labor costs, material expenses, change orders, and any additional charges incurred during the project. The provision often requires detailed documentation and transparency to ensure fairness and prevent disputes during final billing. 2. Service Agreements: Service providers in Los Angeles, whether it be in the fields of consulting, maintenance, or professional services, typically have provisions outlining the final billing process. These provisions may cover factors like hourly rates, itemized expenses, milestone payments, and any potential penalties or discounts applicable upon completion of the contract. 3. Rental/Lease Contracts: Property rental or lease agreements in Los Angeles often include provisions related to final billing. These provisions establish how the final rent amount will be determined, including considerations such as prorated rent, security deposit deductions, utility charges, and any outstanding fees or obligations at the end of the lease term. 4. Utility Service Contracts: Public utility providers also have provisions for final billing to ensure accurate measurements of consumed utilities such as electricity, water, gas, or telecommunications. These provisions outline the calculation methods, billing cycles, potential fees, and any dispute resolution mechanisms related to the final billing. It's important to note that specific provisions to include final billing may vary based on the nature of the agreement and the parties involved. However, in general, these provisions prioritize transparency, accuracy, and fairness in determining the final monetary obligations, aiming to avoid misunderstandings and disputes between the parties.
