A business sale transaction can take several forms: (1) sale of assets, (2) sale of stock, (3) merger, ( 4) consolidation, or (5) share exchange. In consideration of the Purchase Price and other covenants set forth in this.At a bare minimum, a binding purchase agreement for real estate in Michigan must be in writing and must include all of the following essential terms:. Learn the answer to your question, "How to sell my business?" from our experienced Michigan business attorney. THIS AGREEMENT OF PURCHASE AND SALE is made effective this _____ day of.