A Texas Business Purchase Agreement will help transfer business ownership and outline the terms of the sale. A business sale agreement is a legal document that describes and records the price and other details when a business owner sells the business.These typical agreements may include: (i) an escrow agreement, (ii) a bill of sale, and (iii) an assignment and assumption agreement. Fill out the form to access a sample of Practical Guidance. THIS ASSET PURCHASE AGREEMENT (this "Agreement") is made and entered into as of. A skilled Houston sales and purchase attorney will help you to make prudent decisions. We have decades of experience advising business owners and entrepreneurs. Utilize our Sales Agreement to document the sale of any item, ensuring protection for both the buyer and the seller. A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price.