Accounts Receivable Contract For Deed In Bexar
Category:
State:
Multi-State
County:
Bexar
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Deed in Bexar is a legal document that facilitates the sale of a seller's accounts receivable to a buyer. It outlines the seller's guarantees regarding the validity and completeness of the accounts being sold, including representations about outstanding balances and any potential contingencies. Key features include provisions for inspection periods, rights to repurchase defaulted accounts, and whether the sale is with or without recourse to the seller. The contract requires that the seller confirm there are no claims against the accounts and outlines the delivery of funds post-sale. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who deal with commercial transactions and financing. By using this contract, legal professionals can ensure clarity and protection for both the seller and buyer in accounts receivable transactions. Filling and editing this document involves careful input of details such as the seller and buyer names, account specifics, and terms of sale. Proper execution of the document can streamline the sale process and help avoid potential legal disputes.
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