Accounts Receivable Contract For Dummies In Minnesota
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Dummies in Minnesota is a straightforward legal document used for the sale of receivables between a seller and a buyer. This form outlines essential elements such as the rights, titles, and interests in accounts, along with details on invoicing and monetary obligations. It includes representations by the seller regarding the validity of accounts, payment contingencies, and any existing defenses or claims. The contract also describes the conditions of the sale, specifically whether it is with or without recourse, allowing for flexibility depending on the needs of the buyer. Additionally, the buyer is granted a specific time frame to inspect accounts before finalizing the agreement. Key features include clear definitions, attached exhibits for documentation, and seller obligations in case of account defaults. This contract serves attorneys, partners, owners, associates, paralegals, and legal assistants by providing a user-friendly template that simplifies the complexities of accounts receivable transactions, ensuring that all parties are aware of their rights and responsibilities.
Free preview
