An asset sale is a common method for transferring business ownership. If you are involved in the purchase or sale of a business and need legal representation, call the legal team at BoyesLegal APC today!Find short-form asset purchase agreement lawyers for San Jose, CA to hire. No cost to post a project to get multiple bids in hours to compare before hiring. Successor liability refers to the legal responsibility that a buyer assumes for certain obligations and liabilities of a seller when acquiring a business. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction. If the transaction is to be structured as asset purchase, how will the purchase price be allocated among the various assets for tax purposes.