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 Agreement For Restaurant In King
Category:
State:
Multi-State
County:
King
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
If you are looking to purchase a restaurant in New York, you have two options: (1) buy the sellers' ownership shares; or (2) buy the seller's assets. After you and the seller are on the same page about what assets you plan to purchase, you need your attorney to draft a letter of intent.The Purchase Agreement contains representations, warranties, covenants, indemnifications and closing conditions customary for transactions of this type. Asset Purchase Forms. Below are the key terms that are typically included in an asset purchase agreement. Recitals. Buyer and seller name with addresses with the date of signing.