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 Purchase In Cash In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00418
Format:
Word;
Rich Text
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An asset purchase agreement is the legal document that will govern the transfer of ownership of a business's assets from the seller to the buyer. Other than the Excluded Assets, Seller shall sell, transfer, convey, assign and deliver to Buyer, and.An Asset Purchase Agreement is a legally binding contract between a buyer and a seller that details the terms and conditions of the sale of a business's assets. The letter of intent and the Asset Purchase Agreement should identify the assets and the purchase price. Line 1: Enter the name, address, and Tax Identification Number (TIN) of the other party (either the purchaser or seller). Request a letter of proof from your financial institution stating that you can purchase in cash up to a specific amount. Attach this letter with your offer. Assets included with the purchase agreement: The business's assets should be listed in the purchase agreement, specifying what is included with the sale. It may be easier to buy the cash in the cash registers rather than collecting all the cash and then restocking the registers with the buyer's cash.