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Florida Service Agreement

Review Status: PendingAuthor: Editorial TeamMethodology: Statutory Verification

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Florida at a glance: Late Fee Interest Cap: 18% per year (Fla. Stat. § 687.02) · Consumer Protection: Governed by FDUTPA (Fla. Stat. § 501.201) · Governing Law: Florida Statutes Title XXXIII

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Overview

Service Agreements in Florida

Florida service agreements comply with the Florida Deceptive and Unfair Trade Practices Act (FDUTPA). Florida allows parties substantial latitude in negotiating fee structures, retainers, and late payment interest rates up to the state usury limit of 18% per annum.
Key Facts

Florida Service Agreement — Quick Reference

RequirementFlorida Rule
Late Fee Interest Cap18% per year (Fla. Stat. § 687.02)
Consumer ProtectionGoverned by FDUTPA (Fla. Stat. § 501.201)
Governing LawFlorida Statutes Title XXXIII
Legal Requirements

Florida Legal Requirements

  • Interest rates above 18% on unpaid invoices are considered usurious under Florida law.
Governing Laws

Florida Governing Laws

Fla. Stat. § 687.02
Usurious Contracts
Defines interest limits on business and consumer agreements.

Read the full text of these laws at Cornell Law School's Florida legal resources or your state legislature's official website.

Questions & Answers

Florida Service Agreement — Frequently Asked Questions

Can a Florida provider claim attorney fees in a dispute?

Only if the contract explicitly includes an "Attorney Fees" clause, or if authorized by specific consumer protection statutes.