Appendix A: Site References; Legal Description. Within three (3) business days following the Effective Date, Buyer shall deliver to Escrow.This business sale agreement template can be used as a binding document to govern the sale of a business to a new owner. Business Bill of Sale: This document outlines the sale details, including the purchase price, assets included, and any warranties or guarantees. A business purchase agreement is a legal contract specifying terms for buying or selling a business, including conditions and obligations.