Asset Purchase Agreement And Goodwill In Travis

Category:

Small Business - Business Sale

State:

Multi-State

County:

Travis

Control #:

US-00418

Format:

Instant download

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Description

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.

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Preclosing liabilities in the face of express contractual language in the asset purchase agreement to the contrary. "Acquisition" or "Acquisition Transactions" shall have the meaning set forth in the recitals to this Agreement.A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price. Owners of a business can realize significant tax benefits if they are able to sell goodwill as a personal asset. You'll outline key details like the purchase price, escrow terms, indemnification, and more using clear, concise language to bind both parties. Financial advisory practice sales are based on the transfer of individual assets, with the purchase price representing the value of those assets.

Asset Purchase Agreement And Goodwill In Travis

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