Form Assignment Accounts With Multiple Accounts In Fairfax
Category:
State:
Multi-State
County:
Fairfax
Control #:
US-00037DR
Format:
Word;
Rich Text
Instant download
Description
The Form Assignment Accounts With Multiple Accounts in Fairfax outlines a structured agreement between a Factor and a Seller regarding the purchase of accounts receivable. This document is essential for clients seeking to enhance their cash flow by using their receivables as collateral for immediate funding. Key features encompass the assignment of accounts, credit approval processes, an assumption of credit risks, and terms for calculating purchase prices. Filling instructions include obtaining necessary signatures and ensuring proper invoicing according to the Factor's specifications. Users should clearly communicate the assignment to customers and maintain accurate accounting of receivables. The form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in business finance transactions, providing a legal basis for securing funding against current and future receivables while ensuring compliance with relevant laws and regulations.
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FAQ
In Fairfax County and the City of Fairfax, homestead deeds are recorded in the Land Records Division of the Fairfax Circuit Court. The address of the Land Records Division is: Fairfax Circuit Court, 4110 Chain Bridge Road, Suite 317, Fairfax, VA 22030. The telephone number is 703/691-7320 (press 3, then 3).
You may obtain the deed book and page number by searching for the document in the Court Public Access Network (“CPAN”) on one of the public computers in the Land Records Research Room or through a subscription. Subscribers to CPAN are able to make non-certified copies from their own computer.
All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.
