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.
Business Purchase Agreement With Seller Financing In Riverside
Category:
State:
Multi-State
County:
Riverside
Control #:
US-00418
Format:
Word;
Rich Text
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Seller financing allows business buyers and sellers to remove the middleman (bankers) and work together directly to come up with a funding deal. Seller financing: Under this contract, the seller consents to get paid in installments, frequently with interest.A prudent buyer's agent preparing a purchase agreement calling for seller financing will have their buyer fill out a credit application prior to. Typically, this involves two documents: a financing agreement (basically a loan document outlining the details and terms of the loan) and a promissory note.