Common use of PAYMENT TO BALANCE DIVISION Clause in Contracts

PAYMENT TO BALANCE DIVISION. ______To achieve and equal division of the community property, _________________ shall pay to ____________________, on or before ________________(date), the sum of ___________________. If however, this sum is not paid in full on or before the due date, ____________________ shall pay interest at the rate of ten percent (10%) annually from the due date to the date of payment.

Appears in 4 contracts

Samples: Divorce Settlement Agreement, Marital Settlement Agreement, Marital Settlement Agreement

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