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.
Georgia Provision to Include Final Billing is a legal term that refers to a clause included in various types of contracts and agreements in the state of Georgia. This provision requires that a final billing statement be provided to parties involved in the contract upon its termination or completion. The inclusion of this clause ensures transparency and helps avoid any confusion regarding the final financial obligations of the parties involved. In Georgia, there are different types of contracts and agreements that often incorporate the Provision to Include Final Billing. Some of the most common ones include: 1. Lease contracts: In Georgia, when a tenant vacates a property, the landlord is required to provide a final billing statement that details any outstanding rent, utility payments, or damages that the tenant may be responsible for. This provision ensures that both parties are clear about their financial obligations at the end of the lease term. 2. Service contracts: Service providers in Georgia, such as contractors, consultants, or freelancers, often include the Provision to Include Final Billing in their agreements. This provision ensures that all services provided are accurately accounted for and that any outstanding payments are clearly communicated to the client upon completion of the contract. 3. Subscription agreements: Companies offering subscription-based services, such as software providers or media streaming platforms, commonly include the Provision to Include Final Billing in their terms of service. This provision outlines the process for termination or cancellation and ensures that customers are aware of any outstanding charges they may incur before the termination becomes effective. 4. Vendor agreements: Businesses in Georgia often enter into vendor agreements with suppliers or manufacturers. The Provision to Include Final Billing in these contracts ensures that all goods or services received are properly accounted for, and any remaining outstanding balances or fees are clearly communicated to both parties upon the termination of the agreement. 5. Partnership agreements: When individuals or entities form partnerships in Georgia, they usually define the obligations and financial responsibilities of each partner in a partnership agreement. The Provision to Include Final Billing is commonly included to ensure that all partners receive a final billing statement at the end of the partnership, detailing any remaining financial obligations or distributions. Overall, the Georgia Provision to Include Final Billing is an important aspect of many contracts and agreements as it promotes transparency and clarity regarding financial obligations. By implementing this provision, parties can avoid disputes and ensure that all financial matters are settled in a fair and organized manner.
