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.
Asset Business Sale Contract For Deed In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
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. Customize the Details: Fill in the names of the buyer and seller, business details, purchase price, and any other specific information.The contract will state the date at which the final transfer of ownership and possession of the business will occur, and when the seller will get the money. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Other than the Excluded Assets, Seller shall sell, transfer, convey, assign and deliver to Buyer, and.