Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of any Encumbrances. That's why it has become the standard contract for business asset sales in Florida.An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. Our West Palm Beach real estate attorneys make sure you understand the legal impact of the documents you sign with all contracts and closings. An asset purchase agreement is a contract for the sale of a business or specific business assets.