Joint Check Agreement

A Joint Check Agreement is a legal arrangement often used in construction and contracting. It involves multiple parties, typically a contractor and a supplier, agreeing to share the payment for goods or services. When the contractor receives a payment from the client, the check is made out jointly to both the contractor and the supplier. This ensures the supplier gets paid for their materials, reducing the risk of the contractor using the money for other purposes. It provides financial security for suppliers and helps maintain trust between all parties involved in the project.