Accounts Receivable Contract For Services In Washington
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Services in Washington is a legal document that outlines the sale of accounts receivable from a seller to a buyer. This contract specifies the rights and interests being sold, including detailed information about the accounts as listed in an attached exhibit. Key features of this form include seller representations regarding the validity and outstanding status of the accounts, as well as the assurance that no contingent payments exist. Additionally, the contract addresses whether accounts are sold with or without recourse, meaning buyers may have options to reconvey accounts under certain conditions. The document allows for a due diligence period during which the buyer can inspect the accounts, ensuring transparency in the transaction. Its primary utility is for professionals in the legal field such as attorneys, partners, owners, associates, paralegals, and legal assistants, offering them a clear framework to handle the legalities of selling accounts receivable, managing risks, and ensuring compliance with Washington state laws. Users can benefit from the contract’s structured format, which facilitates straightforward completion and editing.
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