Accounts Receivable Contract For Deed In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Deed in Broward serves as a legal agreement between a seller and a buyer outlining the terms for the sale of accounts receivable. This form includes essential details such as the seller's assurance of ownership and the full extent of the accounts listed in an attached exhibit. Key features include the representation of account status, conditions of payment, and recourse options in the event of account default. Users must fill in specific information including the parties' names, account details, and jurisdiction specifics, and they can edit the document to suit their particular situation. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions, as it provides a clear framework for the sale of accounts receivable. By ensuring compliance with state laws and detailing recourse rights, the document offers protections and clarifications for both buyers and sellers in Broward. It supports sound transaction practices by allowing the buyer a grace period for due diligence, fostering informed decision-making.
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