Here we explore just a few of the common provisions that an asset sale agreement for a business will include in its terms. A business sale transaction can take several forms: (1) sale of assets, (2) sale of stock, (3) merger, ( 4) consolidation, or (5) share exchange.Set up the payment schedule for your sellerfinanced loan. Seller financing allows business buyers and sellers to remove the middleman (bankers) and work together directly to come up with a funding deal. "Facilitate business acquisitions with our Letter of Intent template. At a bare minimum, a binding purchase agreement for real estate in Michigan must be in writing and must include all of the following essential terms:.