Accounts Receivable Contract For Deed In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Deed in Kings enables sellers to transfer their rights and interests in specified accounts to buyers, as detailed in the attached Exhibit 'A'. This form outlines crucial elements such as the seller's representation of the validity and status of accounts, and clauses regarding payment terms and account inspection. It provides clear instructions for filling out the contract, including details on the accounts, their credit status, and whether they are secured or unsecured. Additionally, it specifies the conditions for potential repurchase of defaulted accounts by the seller. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form valuable for streamlining the sale of accounts receivable, minimizing disputes, and ensuring compliance with legal standards. The structured format of the document allows users with varying levels of legal expertise to navigate its provisions easily, making it a useful tool in business transactions and legal due diligence.
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