Accounts Receivable Contract For Services In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Services in Maricopa is designed to facilitate the sale of outstanding accounts from one party (the Seller) to another (the Buyer). Key features of this contract include the seller's representation of the accounts being valid and free of contingencies, a detailed listing of accounts in an attached exhibit, and provisions regarding payment defaults, recourse terms, and due diligence inspection periods. The contract clearly outlines the responsibilities of both parties, ensuring that any payments received after a specified date are transferred to the buyer and that the seller may need to repurchase any accounts that default. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in commercial transactions, providing a structured approach to the transfer of receivables. It simplifies the process of account management and helps to establish clear legal rights for both buyers and sellers, minimizing the risk of disputes. Overall, this contract serves as an essential tool in the financial operations of businesses and legal practices in Maricopa.
Free preview
