District of Columbia Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property Damage

State:
Multi-State
Control #:
US-1340781BG
Format:
Word; 
Rich Text
Instant download

Description

An accord and satisfaction is a method of discharging a contract, or settling a cause of action arising either from a contract or a civil wrong (tort), by substituting for the contract or cause of action an agreement for its satisfaction and the performance of the substituted agreement. The accord is the agreement; the satisfaction is the performance of the agreement.
Free preview
  • Preview Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property Damage
  • Preview Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property Damage
  • Preview Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property Damage

How to fill out Agreement For Accord And Satisfaction - Disputed Claim For Personal Injuries Or Property Damage?

Have you ever been in a situation where you require documents for either business or specific tasks almost every day.

There are countless legitimate document templates available online, but locating ones you can trust isn't easy.

US Legal Forms provides thousands of form templates, including the District of Columbia Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property, designed to meet federal and state regulations.

Once you find the correct form, click Get now.

Choose the pricing plan you prefer, enter the required information to create your account, and complete the order using your PayPal or Visa/MasterCard.

  1. If you are already familiar with the US Legal Forms website and possess an account, simply Log In.
  2. Afterward, you can download the District of Columbia Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property template.
  3. If you do not have an account and wish to start using US Legal Forms, follow these steps.
  4. Select the form you need and ensure it corresponds to the correct city/state.
  5. Utilize the Review button to examine the form.
  6. Check the description to confirm that you've selected the correct form.
  7. If the form isn't what you are looking for, use the Research box to find the form that meets your needs.

Form popularity

FAQ

Definition. An agreement (accord) between two contracting parties to accept alternate performance to discharge a preexisting duty between them and the subsequent performance (satisfaction) of that agreement.

Usually, accord and satisfaction deals with a debtor's offer of payment and a creditor's acceptance of a lesser amount than the creditor originally claimed to be owed. It is a method of discharging a claim by settlement of the claim and performing the new agreement.

Under most state law, a valid accord and satisfaction requires four elements as a minimum, usually, (1) proper subject matter, (2) competent parties, (3) meeting of the minds of the parties and (4) adequate consideration.

Definition. An agreement (accord) between two contracting parties to accept alternate performance to discharge a preexisting duty between them and the subsequent performance (satisfaction) of that agreement.

Definition. An agreement (accord) between two contracting parties to accept alternate performance to discharge a preexisting duty between them and the subsequent performance (satisfaction) of that agreement.

554, 561 (2001), for the rule that three elements must exist for there to be an accord and satisfaction: (a) there must be a (good faith) dispute about the existence or extent of liability, (b) after the dispute arises, the parties must enter into an agreement in which one party must agree to pay more than that party

The Doctrine of Accord and Satisfaction (Doctrine) means discharge of one's contractual obligations by way of performing substituted obligations. It is a mode of one's discharge from its contractual obligations wherein parties to a contract perform a new set of obligations in substitution of older contractual terms.

554, 561 (2001), for the rule that three elements must exist for there to be an accord and satisfaction: (a) there must be a (good faith) dispute about the existence or extent of liability, (b) after the dispute arises, the parties must enter into an agreement in which one party must agree to pay more than that party

If the obligation or service that was agreed upon in the accord is rendered, then the agreement is considered satisfied. In the case previously mentioned, if Bob does, in fact, give Sally the vehicle in place of the $600 he owed her, he has satisfied the accord.

Trusted and secure by over 3 million people of the world’s leading companies

District of Columbia Agreement for Accord and Satisfaction - Disputed Claim for Personal Injuries or Property Damage