All required information about the parties involved in the agreement. Key facts about business asset purchase agreement (APA) and sample template for asset sale in Florida and explanations about what should go in an APA.The most important document in an asset deal is the Asset Purchase Agreement (the "APA"). In this article, I will discuss the key provisions of an APA. In Florida, real estate sold 'as is' means it's sold in the current condition. Asset Purchase Agreements are reached when one business agrees to purchase the assets of another. Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of any Encumbrances.