Receivable For Sales In Harris
Category:
State:
Multi-State
County:
Harris
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is a legal document used to facilitate the sale of a seller's receivables to a buyer. This form outlines the terms under which the seller agrees to transfer all rights, titles, and interests in specified accounts as detailed in an attached exhibit. Key features include a representation by the seller regarding the accounts' status, the assurance that accounts are free from claims or offsets, and provisions for recourse options. Users must complete the form by filling in the seller's and buyer's details, as well as specific account information on Exhibit 'A'. This document is particularly useful for attorneys and legal assistants in structuring transactions, ensuring compliance, and protecting clients' interests. Additionally, business owners and partners can utilize this form to streamline the selling process of their accounts receivable. Paralegals and legal associates will find it advantageous for drafting and reviewing these agreements while providing necessary legal support throughout the transaction.
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