Receivable From Sale In Allegheny
Category:
State:
Multi-State
County:
Allegheny
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 transfer of accounts from a seller to a buyer in Allegheny. This form allows a seller to sell all rights, title, and interest in designated accounts listed in an attached exhibit. Key features include seller representations regarding the account's authenticity, payment non-contingencies, and disclosures about any potential claims against the accounts. It specifies whether the sale is with or without recourse, indicating the buyer's rights if accounts become defaulted. The document also allows the buyer a specific inspection period to ensure satisfaction with the accounts prior to finalizing the sale. Attorneys, partners, and associates will find this form useful for structuring sales that protect client interests and ensure compliance with legal standards. Paralegals and legal assistants can assist in preparing the form by gathering necessary documentation and ensuring accuracy in the account details and representations required for the transaction.
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