Business Sale Asset With Section 179 In Miami-Dade
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
The Asset Purchase Agreement facilitates the sale of business assets while incorporating Section 179 benefits, especially relevant in Miami-Dade. This document outlines key components including the assets being sold, liabilities assumed by the buyer, and the purchase price allocation. It includes stipulations regarding excluded assets and the process for payment of the purchase price. Users must modify the agreement to suit their specific facts and delete any non-applicable provisions. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for transfer of ownership. Legal professionals can streamline asset sales for clients, ensuring compliance with local tax regulations, while also navigating obligations tied to non-compete agreements. By using this template, practitioners can ensure thorough documentation and clarity in asset transactions, which is essential for legal validation.
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