Receivable For Sales In Washington
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is a legal document designed for parties engaging in the sale of accounts receivable in Washington. This form outlines the obligations and rights of both the seller and the buyer regarding the accounts being sold, ensuring clarity in transactions. Key features of the form include the seller's representation of account status, inspection rights for the buyer, and details about recourse in case of defaults. Users can fill the form by accurately listing the accounts on Exhibit 'A' and ensuring all representations concerning payment conditions and outstanding balances are true. This form is particularly useful for attorneys, partners, and business owners who need to formalize the sale of accounts while protecting their interests. Paralegals and legal assistants can support the process by assisting in the preparation and review of the terms outlined. Overall, this document facilitates smooth transactions in accounts receivable sales while adhering to Washington's legal standards.
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