Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, on the terms, conditions, warranties and representations set forth in this Agreement. Many Buyers will require that a sale be structured as an Asset Purchase in order to avoid responsibility for prior liabilities or expenses of the business.Title. Seller shall execute and deliver to Escrow Holder a Quitclaim Deed, in a form supplied by. SacSewer, conveying title to the Subject Property to Buyer. Need a contract reviewed or drafted? Your Contract Lawyer is Sacramento's top business contract attorney. Use a California business purchase agreement to record the sale of a business. Download your free template today. The purchase and sale agreement for the business entity or assets is a vital document. We can guide you through all stages of a deal, including due diligence, structuring the purchase and sale agreements to include tangible and intangible assets.