Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. An Arizona business purchase agreement is a legally binding document that outlines the terms of buying or selling a business.Sample Forms: Commercial Real Estate Purchase Contract August 2024, Commercial Buyer's Inspection Notice and Seller's Response (BINSR) February 2019. A Business Sale Agreement helps you define and agree to the terms of the sale. This includes the purchase price and the closing details of the transaction. This contract is a legally binding document outlining the terms and conditions for the sale of a business and its assets. Get a Free Business Legal Evaluation. Fill out the form below and one of our team members will be in touch immediately! Subject to the terms and conditions of this Agreement, Seller agrees to sell and Buyer agrees to purchase the following property (collectively, the "Property"):.