Accounts Receivable Contract With Payment Processing In Allegheny
Category:
State:
Multi-State
County:
Allegheny
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Payment Processing in Allegheny is a legal agreement where a seller transfers their rights, title, and interest in specified accounts receivable to a buyer. Key features of the contract include specifying the accounts being sold, ensuring that all goods or services have been delivered, and disclosing any disputes or claims related to those accounts. The seller must represent the validity of the accounts and agree to repurchase any accounts that default. The agreement allows buyers a specified period to inspect the accounts before finalizing the purchase. This contract is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants as it ensures clarity in the sale of accounts, outlines conditions for recourse, and provides legal protection during transactions. Users can benefit from clear instructions for filling out the form, including details on account disclosures and legal obligations, making it accessible even for those with limited legal experience.
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