Receivable From Sale In Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable from Sale in Orange is a legally binding contract outlining the sale of accounts receivable between a Seller and a Buyer. This form serves to transfer all rights, titles, and interests in specified accounts, detailed in an attached exhibit, ensuring that all receivables are genuine and unencumbered. Key features include seller representations regarding the accounts, the transfer terms, the inspection period for the buyer, and conditions for recourse. Users are instructed to fill in specific details such as names and account information, with considerations for their respective rights. Additionally, the form stipulates that any received payments after a certain date must be forwarded to the buyer, adding a layer of accountability. This document is particularly useful for attorneys, business partners, and legal assistants involved in financial transactions, as it facilitates clear asset transfers while providing legal safeguards for both parties. Its simplicity makes it accessible for users with varying levels of legal expertise, allowing for efficient processing within business operations.
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