The Accounts Receivable Contract Format in Fulton is a legal document used to facilitate the sale of accounts receivable between a seller and a buyer. Key features of this contract include the detailed listing of accounts on an attached exhibit, the seller's representations regarding the accounts, and the terms of assignment, which can be with or without recourse. Users must fill in the relevant details, including names, addresses, and account specifics, ensuring clarity and compliance with legal standards. The form allows the buyer a specified number of days to conduct due diligence before finalizing the agreement. This contract is particularly useful for attorneys, partners, and owners in commercial operations, providing a structured method for transferring receivables while protecting the interest of all parties involved. Paralegals and legal assistants can assist in drafting and reviewing the document, ensuring completeness and adherence to legal requirements. The clarity of language makes it accessible to users with limited legal experience, reinforcing its utility across various roles in the business and legal landscape.