Accounts Receivable Contract For Deed In Arizona
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Deed in Arizona is a legal document that facilitates the sale of accounts receivable from one party (the Seller) to another (the Buyer). This contract includes key features such as the Seller's representation of the accounts, detailed information on the balance and status of these accounts, and clauses regarding recourse and default. Specific instructions for filling out the form include providing the required details in the attached Exhibit 'A' and ensuring both parties understand their obligations in cases of default. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in transactions related to accounts receivable. It allows for the clear transfer of outstanding balances and lays out the terms for payment collection or repurchase in case of default. Users must be attentive to the inspection period granted to the Buyer and the legal jurisdiction specified for the contract. This ensures compliance and protects the interests of both parties involved in the sale of accounts receivable.
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