Accounts Receivable For Sale In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is a legal document designed for the transaction of accounts receivable in Palm Beach. This form facilitates the sale of all rights, titles, and interests of a seller in specified accounts listed in an attached exhibit. Key features include seller representations regarding the completeness and condition of accounts, including all outstanding balances and pertinent details about each account debtor. The form also includes clauses regarding the inspection period for the buyer, rights of recourse, and provisions for repurchasing defaulted accounts. The target audience including attorneys, partners, owners, associates, paralegals, and legal assistants will find this form essential for managing financial transactions involving accounts receivable. Users should fill the form by clearly indicating seller and buyer details, including account specifics in the provided exhibit. It is crucial to pay attention to agreements about contingencies and potential recourse options. This contract serves as a safeguard for both parties, ensuring clarity in financial dealings and protecting against disputes.
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