Accounts Receivable For Sale In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable facilitates the transfer of accounts from a seller to a buyer in Contra Costa. It details the seller's rights, including the obligation to sell all accounts listed in an attached exhibit, along with all associated invoices and future payments due. Key features of the form include seller representations ensuring that all accounts are valid, uncontested, and delivered in the ordinary course of business. Additionally, the form addresses whether the sale is with or without recourse, providing clarity on the seller's responsibilities for defaulted accounts. The buyer is granted a specific period to inspect the accounts and can cancel the contract if unsatisfied. Filling and editing instructions emphasize the importance of accurately detailing account information, including balances and credit histories. This form is highly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in transactions concerning accounts receivable, offering a streamlined approach to document the sale process while protecting the interests of both parties.
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