THIS ASSET PURCHASE AGREEMENT (this "Agreement") is made and entered into as of. 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.This contract outlines the terms and conditions of the transaction, including the purchase price, payment terms, property condition, and closing details. To fill out this form, gather all necessary information about the property and parties involved. Ensure you have the purchase price and payment methods ready. PARTIES: The parties to this contract are. (Seller) and. (Buyer). A Texas Business Purchase Agreement will help transfer business ownership and outline the terms of the sale.