San Jose business attorneys such as DPA Law PC can help guide your management of the business asset purchase and sale process. Retain a Business Sale Lawyer in San Jose​​ We represent clients throughout Silicon Valley.Call (408) 436-0789 or complete our online form. An Asset Purchase Agreement (APA) is a legally binding contract that outlines the terms and conditions of a business sale or acquisition. This guide will break down the ins and outs of asset purchase agreements for multiple owners, making this complex legal topic more digestible and actionable. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction. Successor liability refers to the legal responsibility that a buyer assumes for certain obligations and liabilities of a seller when acquiring a business. This Asset Purchase Agreement (the Agreement ) is made as of the 22nd day of February,.