Interior Design Payment Statement
Project Information
Client Name: [Second Party]
Project Address: [Second Party Address]
Project Description: Renovation of living room and kitchen spaces in the client's residence.
Fee Structure
Payment Schedule
Payment Milestone | Amount Due | Due Date |
|---|
Initial Deposit | $[0] | [Date] |
Design Phase | $[0] | [Date] |
Mid-Project | $[0] | [Date] |
Final Payment | $[0] | [Date] |
Reimbursable Expenses
Terms and Conditions
Late Payment Policy: A late fee of 1.5% per month will be applied to overdue balances.
Additional Charges Policy: Any changes or additions requested by the client beyond the scope of the original agreement may incur additional charges, which will be discussed and agreed upon in writing.
Termination Policy: Either party may terminate this agreement with written notice. In the event of termination, the client agrees to pay for services rendered up to the termination date.
Ownership of Design Work: The client will have ownership rights to the final design work upon full payment of all fees.
Dispute Resolution: Any disputes arising from this agreement will be resolved through mediation or arbitration.
Signature
I, [Second Party], hereby confirm that I have carefully reviewed and fully agree to adhere to the terms and conditions as set forth in this Interior Design Payment Statement.
[Second Party]
[Date]
[Your Name]
[Your Company Name]
[Date]
Interior Design Templates @ Template.net
