Secure your San Antonio small business's transactions today! Our asset purchase agreements from Dan Burke are created to account for all of your assets.An Asset Purchase Agreement is a legally binding contract between a buyer and a seller that details the terms and conditions of the sale of a business's assets. An asset purchase agreement (or APA) is a binding document between a buyer and seller for the purchase and sale of a company's assets. Buying a business in San Antonio requires careful planning and legal guidance. Learn how SK Legal supports every step of the process. All personal property purchased or acquired are assets of the university. An asset purchase agreement is the legal document that will govern the transfer of ownership of a business's assets from the seller to the buyer. The asset purchase agreement checklist identifies what should be considered for buying or selling a company, involving the assets, liabilities, and contracts. An APA, or Asset Purchase Agreement, is a contract in which a buyer and seller agree to the transfer of ownership for an asset at an agreed price.