Accounts Receivable Contract For Deed In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Deed in Fulton is a legal agreement that facilitates the sale of accounts receivable between a seller and a buyer. This contract outlines the seller's commitment to transfer their rights, titles, and interests in specific accounts, as detailed in an attached exhibit. Key features include representations by the seller regarding the accuracy and completeness of the accounts, including balances and debtor details. Provisions for recourse, inspection periods for buyers, and seller obligations for repurchase in case of default are also highlighted. Filling and editing instructions emphasize clarity and compliance with state laws. For attorneys, this form simplifies client transactions regarding account sales, while partners and owners benefit from defined rights and protections. Associates, paralegals, and legal assistants can utilize this template to expedite documentation, ensuring all necessary information is captured. The form serves as an essential tool in structuring account sales while safeguarding the interests of all parties involved.
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