This Addendum is used when the Seller is financing all or a part of the purchase price. 26-8 Redline 11.2022.A seller and buyer should consult with a real estate attorney before entering into a contract that calls for seller financing. In seller financing, the business owner selling the business acts as a lender. Here's how you can use it to sell or buy a business. A Texas Business Purchase Agreement will help transfer business ownership and outline the terms of the sale. This article discusses the elements of buying or selling a small business in Texas, whether the business is focused on real estate or otherwise. In simple terms, it is the agreement for a buyer to purchase a company (or stake within a company) from the seller who is the business owner. Our San Antonio contract lawyer helps businesses with vendor contracts, employment contracts, and partnership agreements.