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.
Sale Of Assets Vs Sale Of Business In San Jose
Category:
State:
Multi-State
City:
San Jose
Control #:
US-00418
Format:
Word;
Rich Text
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An asset sale is a common method for transferring business ownership. A stock purchase is a complete purchase of a company, including all the assets and liabilities.Stock purchases thus have different tax outcomes. In an asset sale, only a list of the assets being transferred is required. The two most common ways to transfer ownership of a business are a stock sale and an asset purchase. Sales may be asset sales or entity sales. A structured installment sale allows the seller to defer capital gains taxes over an extended period of time, while providing a guaranteed income stream. An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner's shares of a corporation.