This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.
Asset Sale For Business In Florida
Category:
State:
Multi-State
Control #:
US-00419
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Typically, parties to a business asset purchase agreement in Florida engage attorneys to negotiate on their behalf. An asset purchase agreement is a type of contract that pertains specifically to the sale of a business or particular business assets.In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Here in Florida, there is no state-level income tax, but federal taxes and other states taxes may apply to your business sale. Contact The Frazer Firm. There are specific rights and obligations that are related to an asset sale. The buyer corporation retains the furniture, fixtures, and equipment of the seller. Is your business considering a significant asset purchase or sale? What do asset sales entail?