Accounts Receivable Contract With Aging Excel Template In California
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Aging Excel Template in California is designed to facilitate the sale of accounts receivable between a seller and a buyer. The contract enables sellers to transfer all rights to their outstanding accounts, which are detailed in an attached exhibit. Key features include seller representations regarding account balances, payment contingencies, and the status of any disputes. The form allows for either recourse or non-recourse sales, providing flexibility depending on the agreement between parties. Buyers have a specified period to inspect accounts before finalizing the contract, ensuring due diligence is met. This contract is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, as it streamlines the process of selling accounts receivable, reduces the risk of disputes, and helps manage financial transactions in compliance with California law. Users can easily fill out and edit the template, making it a practical tool in various business scenarios.
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