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. The most important document in an asset deal is the Asset Purchase Agreement (the "APA").In this article, I will discuss the key provisions of an APA. THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of September. This is going to be how to fill out the agreement of sale for pennsylvania. Download Pennsylvania Asset Purchase Agreement template, modify and send for signing using BoloForms Signature. Who is the "Seller"? • Does it include the shareholders for purposes of representations and warranties and indemnification? In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity.