The buyer must conduct due diligence to determine who owns particular assets and whether those assets are in any way encumbered. Find top rated California asset purchase agreement lawyers.Post your legal needs and get proposals from vetted lawyers in CA for your APA. Free Consultation - Call (408) 436-0789 - SAC Attorneys LLP helps companies with business matters in Corporate and Business law. Completing the Business Property Statement (Form 571L). Appealing an Assessment. Renting property: All property owners in Oakland who wish to rent out their property must file and obtain a business tax certificate. Prior to Closing, the Company shall have complete control over the operation of the Business Assets. The buyers and sellers of a group of assets that make up a business use Form 8594 when goodwill or going concern value attaches.