Buying or selling a Maryland business? A contract consists of a legally binding agreement or promise between parties.An experienced Maryland business transactions attorney can draft a Purchase and Sale Agreement that is tailored to the individual transaction. 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. Persons holding equity interests in a business can use a buy-sell agreement to ensure the continuity of the business and to solidify their expectations. A business purchase agreement should detail the names of the buyer and seller at the start of the contract. Get a comprehensive understanding of Maryland real estate purchase and sale agreements with our indepth overview and free template.