Accounts Receivable For Sale In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The document titled 'Contract for the Sale of Accounts Receivable' facilitates the sale of accounts receivable in Broward. It outlines the responsibilities of both the seller and the buyer, including an agreement on the sale of all rights, title, and interest in the accounts as detailed in an attached exhibit. Key features of the contract include seller representations about the accounts, the lack of contingencies related to payment, and terms regarding recourse if accounts default. Filling the form involves specifying details such as the names of the seller and buyer, any identified contingent accounts, and defining whether the sale is with or without recourse. It allows buyers a designated timeframe to inspect the accounts, ensuring satisfaction before proceeding. This contract proves useful for various legal professionals, including attorneys, partners, and legal assistants, by providing a structured approach to account transactions. It serves both to protect the interests of the seller and ensure due diligence for the buyer, making it a vital tool in financial dealings.
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