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.
Asset Business Sale Contract For Deed In North Carolina
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State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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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. Enter into a Purchase Agreement.Once the seller and purchaser agree on the terms of the sale, a purchase agreement will be executed. (i) A signed Asset Purchase Agreement. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. A contract for deed involves the seller financing the property purchase as an alternative to conventional mortgages, benefiting both parties.