Accounts Receivable For Sale In Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is a legal document designed for the sale of outstanding accounts from one party (Seller) to another (Buyer) in Orange. This form includes important provisions that confirm the Seller's right, title, and interest in the accounts listed in an attached exhibit, ensuring that all owed funds are documented. Users must fill out details regarding the accounts, including balances, account dates, and creditor information. It's essential for the Seller to represent the accounts as undisputed and to confirm their condition. The contract outlines whether the sale is with or without recourse, affecting how liabilities are managed post-sale. Buyers have a specified inspection period to evaluate the accounts thoroughly, allowing them to cancel the agreement if unsatisfied. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in debt management or business sales, as it streamlines the process of transferring account ownership while minimizing legal risks.
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