An asset purchase agreement (APA) is a legally binding document that details the terms and conditions related to the purchase and sale of a company's assets. Buying land with cash can offer several benefits when building a custom home.These include avoiding interest payments on the lot during the design phase. Seller desires to sell and Buyer desires to purchase certain assets of Seller used in the Business in accordance with the terms and conditions contained herein. A Purchase and Sale Agreement for a Business sets out the final transaction between a buyer and a seller of a business. It is generally fairly detailed. Starting on January 1, 2024, assets, such as bank accounts, cash, a second vehicle, and homes, will no longer be counted when determining Medi-Cal. Whether you are a business buyer or seller, contact San Diego Corporate Law for a consultation to discuss your business sale options. The Asset Purchase Agreement allows you to purchase specific assets of a business, without accepting any of the associated liabilities or debts of that company. Search the lists below to see if you are owed a refund, and follow the instructions to file a claim.