An Asset Purchase Agreement is an agreement between a buyer and a seller of a business as to the terms and conditions of the sale of the business. An asset purchase agreement (APA) is a legal document that serves as a framework for how business assets will be transferred from the seller to the buyer.THE DESCRIBED PROPERTY IS SOLD "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE CONDITION OF SUCH PROPERTY . This Asset Purchase Agreement (this "Agreement") is made and entered into as of this. Included photos of the prior company owners contract. Is the assignment enforceable in an asset purchase situation in the state of Ohio? Who are the buyers and sellers?