This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Asset Business Sale Contract For House In California
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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Use a California business purchase agreement to record the sale of a business. Download your free template today.What provisions should be in the purchase agreement? A comprehensive asset purchase agreement is critical to a smooth transaction. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Business assets are not considered legally transferred without a properly executed Business Purchase Agreement between the seller and purchaser.