What Is an Asset Purchase Agreement? Buying or selling a business in Florida?Check our exclusive articles about asset purchase agreements in Florida. If you need professional guidance, call us to (305) 921-0976. For businesses interested in buying or selling assets, an experienced law firm is essential. 33.4 Buyer and Seller agree to complete, sign and submit the appropriate IRS Rev. Form 8594 for this transaction. Key facts about business asset purchase agreement (APA) and sample template for asset sale in Florida and explanations about what should go in an APA. Florida Statute, 212, governs the sales tax liability of parties involved in the sale or exchange of business assets.