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.
Sale Of Business Assets Agreement With Buyer In Chicago
Category:
State:
Multi-State
City:
Chicago
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
You (or the purchaser or transferee) must complete Form CBS-1, Notice of Sale, Purchase, or Transfer of Business Assets. This is a sample asset purchase agreement, for the sale of the seller companies' corporate assets to a buyer company.However, you can sign an asset purchase agreement with a buyer to sell all your sole proprietorship's assets. To sell a business in Illinois, you'll need various legal documents, including a bill of sale, asset purchase agreement, and non-disclosure agreements. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction.