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JOINT PAYMENT AGREEMENT - MSI HVAC

JOINT PAYMENT AGREEMENT - MSI HVAC 2026

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The document is a Joint Payment Agreement between an Owner-Builder or General Contractor (Party A) and a Subcontractor-Customer (Party B), involving AC Pro as the supplier of heating and air conditioning equipment for a construction project. It outlines the payment terms, stipulating that payments for the equipment will be made jointly to AC Pro by Party A and Party B, due by the 10th of the month following invoicing. The agreement clarifies that AC Pro is not responsible for any contractual obligations between Party A and Party B and includes provisions for attorney's fees in case of default.

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Click ‘Get Form’ to open the JOINT PAYMENT AGREEMENT - MSI HVAC in the editor.
Begin by filling in the names and addresses of both parties. Enter the Owner-Builder or General Contractor's details as Party A, followed by the Subcontractor-Customer's information as Party B.
In the Recitals section, specify the job name and job address where the construction improvements will take place.
Detail the equipment being furnished by AC Pro in the designated area under Provisions. This should include a clear description of heating and/or air conditioning equipment.
Fill in the total contract price where indicated, ensuring accuracy for payment processing.
Both parties must sign and date at the bottom of the agreement to finalize it. Ensure that all signatures are completed before submission.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who signs a joint check?

Who needs to endorse a check made out to two people? Checks issued to two people together, such as Pat and Chris Doe, generally need to be signed by both people before the bank or credit union cashes the check or deposits the money.

What is a joint check agreement?

A joint check (also called a two-party check) is the most common joint payment in construction. With a joint check, a single payor issues one (1) check to two (2) payees. Typically, the payor is a general contractor.

How do I write a joint check?

Writing a Joint Check If it needs to be written to two or more companies, be sure to write out the word and. You may also want to write the words jointly or as joint payees to ensure that bankers notice that the check goes to two parties instead of just one.

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