Florida Service Agreement PDF
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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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.
Florida Service Agreement — Quick Reference
| Requirement | Florida Rule |
|---|---|
| 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 |
Florida Legal Requirements
- Interest rates above 18% on unpaid invoices are considered usurious under Florida law.
Florida Governing Laws
Read the full text of these laws at Cornell Law School's Florida legal resources or your state legislature's official website.