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.
Agreement Business Sale Buy With Price In New York
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
THIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made as of this ____ day of. A business sale agreement is a legal document that describes and records the price and other details when a business owner sells the business.This outline provides an overview of each of these issues concerning the purchase or sale of a small business. Key elements typically included in a Business Bill of Sale are: Purchase Price: The total amount the buyer agrees to pay for the business. A buy and sell agreement is a legally binding contract that spells out how and to whom a departing owner's shares will be transferred. An APA spells out the conditions and terms under which a seller will transfer all of the assets that belong to the business to a buyer. ABC CORPORATION, a New York corporation (the "Purchaser"). The buyer must fully understand the terms and conditions in the purchase agreement. This includes knowing how a specific term may influence the purchase price.