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 Purchase Buy For Company In Maryland
Category:
State:
Multi-State
Control #:
US-00419
Format:
Word;
Rich Text
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A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations.You must properly transfer the assets of a business purchase. A Maryland business attorney specializing in business sales will make sure it's done properly. Expert insights on Maryland tax laws for buying or selling a business. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. An experienced Maryland business transactions attorney can draft a Purchase and Sale Agreement that is tailored to the individual transaction.