A business sale transaction can take several forms: (1) sale of assets, (2) sale of stock, (3) merger, ( 4) consolidation, or (5) share exchange. 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.Purchased Assets, except in the ordinary course of business. 4.11. Title. A buysell agreement is a contract that outlines the contingencies of a partnership deal. Also known as a business continuation agreement or buyout agreement. The parties to this agreement to convey real estate agree as follows: 1. Description of Property.