This document settles the claims of partners in a small, general practice law firm that is going through dissolution. It provides for the monetary sums to be received by the two former partners, along with their respective duties for completing the close of the partnership
Florida Settlement Agreement Resolving Claims of a Small General Practice Firm
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How to fill out Settlement Agreement Resolving Claims Of A Small General Practice Firm?
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FAQ
Yes, certain Florida divorce papers need to be notarized. For example, the financial affidavit and the marital settlement agreement both require notarization. Notarization is a way to confirm that the signatures on the document are authentic and that the person signing the document is the one they claim to be.
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If a settlement agreement has been signed by both parties and approved by a judge, then it is legally binding and enforceable.
Although the law presumes that settlement agreements are valid, they generally are subject to contract defenses, including mistake, unconscionability, duress, undue influence, and fraud.
The agreement should set forth what money is being paid for, i.e., the type of damages, as well as the claims it is being paid on. If some damages are taxable and some are not, the settlement agreement should set out, in as much detail as possible, the proportions and rationale.
GENERAL RELEASE It is understood and agreed that this settlement is in full compromise of a disputed claim, and that neither this release nor the payment pursuant to this release shall be construed as an admission of liability.
Both parties must sign the agreement and have their signatures witnessed by a notary public or deputy clerk. After completing this form, you should file the original with the clerk of the circuit court in the county where the petition was filed and keep a copy for your records.
In Florida, a proposal for settlement must be in writing and must state that it is being made pursuant to Florida Statute 768.79. It must be served to the other party by certified mail or hand delivery and must give the other party 30 days to accept or reject the offer.