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  • Form 998

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Operating Income Statement. One- to Four-Family Investment Property and Two- to Four-Family Owner-Occupied Property. Property Address. Street City State .

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Offer to Compromise and Acceptance Under Code of Civil Procedure Section 998 (CIV-090) Tells the other side that you are offering to settle the case for a specific amount, and provides a form to accept the offer.

At its heart, 998 allows one party to make a reasonable settlement offer at any pre- trial stage of the litigation. The other party must then undertake the analysis if they will be able to secure a “more favorable” result at trial.

What is an Offer in Compromise? An Offer in Compromise (OIC) is a proposal to pay the California Department of Tax and Fee Administration (CDTFA) an amount that is less than the full tax or fee liability due.

Section 998 of the Code of Civil Procedure provides that, not less than 10 days before commencement of trial, any party to an action "may serve an offer in writing upon any other party to the action to allow judgment to be taken in ance with the terms and conditions stated at that time." The offer is deemed ...

Generally, a party who fails to accept a valid 998 offer is required to pay additional amounts (such as interest, costs and fees) if he or she fails to do better than the offer at the time of trial. These offers are generally referred to as “998 Offers”.

A 998 offer must be made in writing at least 10 days before trial or arbitration by either the plaintiff or defendant. The written offer must state the terms and conditions of the offer, it must specifically refer to Section 998, and there must be a location where the other party signs to accept it.

California law provides parties with the opportunity to make a settlement offer without fear of incurring additional fees and costs if the case goes to trial and a less favorable judgment is awarded. That opportunity is found in Code of Civil Procedure section 998.

California's section 998 (much like rule 68 offers in Federal rules-based jurisdictions), allows a party that makes an offer the other side does not accept to recover costs, including expert fees, if the party that does not accept the offer does not achieve a more favorable result at trial.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232