Statement Of Account Example In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of Account Example in Houston serves as a vital document for establishing the transfer of accounts receivable from one party to another. This assignment form details the rights and interests the Assignor is conveying to the Assignee, encapsulating essential elements such as the account balance, account debtor's information, and payment terms. Users should complete the form by filling in relevant information, checking the appropriate options for warranty and recourse, and providing a comprehensive list in Exhibit 'A'. This form is particularly useful for attorneys, partners, and owners in managing financial liabilities and ensuring clear record-keeping. Legal assistants and paralegals will find this document instrumental in facilitating smooth transactions in business settings as it clarifies obligations and rights associated with the accounts. Furthermore, it is crucial for professionals in the legal field to understand the implications of the warranties, contingent payments, and the nature of the accounts being transferred, making this form an indispensable tool in legal practice.
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