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. Call (215) 545-4830 - Danziger Shapiro, P.C. is dedicated to serving our clients with a range of legal services including Business and Corporate cases. This is going to be how to fill out the agreement of sale for pennsylvania. Below is a general due diligence checklist with the first 8 of 16 items to cover your bases in a business or asset purchase transaction. THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of September. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Who is the "Seller"?