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.
Business Purchase Agreement With Seller Financing In Nassau
Category:
State:
Multi-State
County:
Nassau
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Purchaser agrees to use diligent efforts to obtain said approval and shall apply for the mortgage loan within business days after the Seller has accepted this. The seller directly loans the buyer some of the funds needed to buy their business, eliminating the bank as middleman in the transaction.Seller financing allows business buyers and sellers to remove the middleman (bankers) and work together directly to come up with a funding deal. Typically, this involves two documents: a financing agreement (basically a loan document outlining the details and terms of the loan) and a promissory note. When it comes to filling out a real estate purchase agreement, several key players are involved: buyers, sellers, real estate agents, and attorneys.