The Forms Professionals Trust! ™
Free Preview Accord And Satisfaction Agreement
Description Accord And Satisfaction Agreement Georgia Sample
Accord and satisfaction is a method of discharging a claim whereby the parties agree to give and accept something in settlement of the claim and perform the agreement. Accord is the agreement and satisfaction is its execution or performance.
A contract is usually discharged by performance of the terms of the agreement. However, the parties may agree to a different performance. This is called an accord. When the accord is performed, this is called an accord and satisfaction. The original obligation is discharged.
In order for there to be an accord and satisfaction, there must be
(1) a bona fide dispute;
(2) an agreement to settle the dispute; and
(3) the performance of the agreement.
A settlement in which one party promises to forego an undisputed, liquidated claim in exchange for a promise to perform, or the performance of, a pre-existing duty will not be held to be enforceable by many courts, because of the absence of consideration. However, the promise to perform, or the performance of, anything slightly different from the pre-existing duty is sufficient consideration to support a promise to forego the claim. When a claim is disputed in good faith, or when an undisputed claim is unliquidated (the amount owed has not been determined), a settlement of such a claim is clearly enforceable.
How To Fill Out Agreement Accord Satisfaction Template?
Aren't you tired of choosing from countless templates each time you want to create a Agreement for Accord and Satisfaction of an Undisputed Hospital Claim? US Legal Forms eliminates the wasted time countless Americans spend browsing the internet for suitable tax and legal forms. Our expert team of lawyers is constantly changing the state-specific Samples catalogue, so that it always offers the proper files for your scenarion.
Visitors who don't have a subscription should complete easy steps before having the ability to get access to their Agreement for Accord and Satisfaction of an Undisputed Hospital Claim:
- Use the Preview function and look at the form description (if available) to ensure that it’s the proper document for what you’re looking for.
- Pay attention to the validity of the sample, meaning make sure it's the right template to your state and situation.
- Utilize the Search field on top of the site if you need to look for another file.
- Click Buy Now and choose a preferred pricing plan.
- Create an account and pay for the services utilizing a credit card or a PayPal.
- Download your file in a required format to complete, create a hard copy, and sign the document.
When you’ve followed the step-by-step recommendations above, you'll always be capable of sign in and download whatever document you require for whatever state you want it in. With US Legal Forms, finishing Agreement for Accord and Satisfaction of an Undisputed Hospital Claim templates or other official documents is not hard. Get going now, and don't forget to recheck your samples with certified attorneys!
All forms provided by US Legal Forms, the nations leading legal forms publisher. When you need Accord And Satisfaction Contract Form, don't accept anything less than the USlegal™ brand. "The Forms Professionals Trust ™
Accord And Satisfaction In Real Estate Form Popularity
Accord And Satisfaction Letter Other Form Names
Accord And Satisfaction Agreement FAQ
Which liability is discharged accord and satisfaction?
What is an accord quizlet?
What is an accord and satisfaction What is a release?
How does an accord and satisfaction work?
What is the procedure that a debtor and creditor may use to settle a claim by means of accord and satisfaction?
What is an accord and satisfaction and is consideration required for an accord and satisfaction to be valid?
What is an accord and satisfaction agreement?
What is accord and satisfaction quizlet?
Gold Award 2006-2018
BEST Legal Forms Company
11 Year Winner in all Categories:
Forms, Features, Customer Service
and Ease of Use.