Asset Purchase Agreement For Franchise In Queens

Category:

Small Business - Business Sale

State:

Multi-State

County:

Queens

Control #:

US-00418

Format:

Instant download

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Description

This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.

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1.2 Agreement to Purchase. An APA spells out the conditions and terms under which a seller will transfer all of the assets that belong to the business to a buyer.All authorizations, approvals, renewals and consents required under. An asset purchase agreement is a legal contract that outlines the terms of an agreement to transfer assets between parties. A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price.

Asset Purchase Agreement For Franchise In Queens

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