You can now create and submit business creation documents online here. Need help filing business creation documents online?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. A Sales and Purchase Agreement (SPA) is a legal contract that details the agreement's terms and conditions. A purchase agreement is a form used for making an offer on a home. It contains a set of conditions and contingencies that are presented to the seller of a home. When selling a business, the owner must balance deal certainty, tax consequences, speed, regulatory clearances, third party consents and liability allocation.