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 Purchase In M\u0026amp;a In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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In an asset purchase, the buyer agrees to purchase specific assets and liabilities. This means that they only take on the risks of those specific assets.In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller. A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price. An asset sale transaction involves the sale of some or all of the assets used in a business from a selling company to a buyer. An asset purchase agreement (APA) is the contract that governs the sale of your business to the buyer.