Accounts Receivable Contract For Deed In Miami-Dade
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Deed in Miami-Dade is a legal agreement between a seller and a buyer that facilitates the sale of accounts receivable. This contract outlines the seller's obligation to transfer their rights to specified accounts, detailed in an Exhibit 'A,' ensuring that all outstanding debts owed are accurately represented. Key features include seller representations on account balances, terms of payment, and conditions for the transfer of rights. The contract specifies whether the assignment is with or without recourse and allows the buyer a specified period for due diligence. This form is particularly useful for attorneys, partners, and legal professionals who need to structure financial transactions securely, as well as for owners and associates managing accounts receivable assets. Paralegals and legal assistants will benefit from understanding the details of the form, including its proper completion guidelines, ensuring compliance with local laws. The clarity of provisions in this agreement helps prevent disputes over payment responsibilities, making it an essential tool in business legal frameworks.
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