I'm purchasing an existing business in Nevada as an asset sale. I'm creating a new NV entity to eliminate all previous.Great Basin College (GBC), Truckee Meadows Community College (TMCC), University of Nevada, Reno (UNR),. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. " A copy of complete police statement(s) must be provided along with the Asset Transfer Form to Inventory Control. This table contains a list of purchasing forms and documents along with a description. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset.