Statement Of Account Or Accounts In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of Account or Accounts in Alameda serves as a formal document that outlines the transfer of accounts receivable from one party, the Assignor, to another, the Assignee. It details the rights being assigned, including all accounts listed in an attached Exhibit 'A,' which must specify account balances, beginning dates, and debtor information. This form ensures that all accounts are legitimate and not contingent on future service delivery, helping to clarify obligations on both sides. Key features include affirmations regarding the absence of liabilities or disputes about the accounts and the terms of payment, including conditions for any account defaults. It's vital for legal professionals to accurately fill out this form, ensuring all relevant information is incorporated and compliant with local regulations. Attorneys, partners, and legal staff will find this form useful in facilitating transactions involving accounts receivable while maintaining transparency between parties. Paralegals and legal assistants should pay close attention to the details required in Exhibit 'A' and ensure all signatures are obtained for validation. This document is essential in reducing disputes and providing clarity in financial transactions.
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