You (or the purchaser or transferee) must complete Form CBS-1, Notice of Sale, Purchase, or Transfer of Business Assets. Stepbystep guide on how to write contracts for leases, business partnerships, and employment contracts.Add the names, contact details, and addresses of the required parties. List property details, like the legal description and registered address. Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. Plan for the Future of Your Business Today. Fill out the contact form or call us at (312) 889-8702 to schedule your free consultation. Seller shall also furnish Purchaser with: (i) an Affidavit of Title in customary form; (ii) a Bill of. Get a comprehensive understanding of Illinois real estate purchase and sale agreements with our indepth overview and free template.