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 With Purchase In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-00419
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price. Buying a business is one of the most complex transactions you will ever experience, but nothing is real until a letter of intent is signed.In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller.