Effectively managing asset purchase agreements is crucial to business longevity. Learn how to create one and what to include.In a forward purchase transaction, a buyer and seller enter into a purchase and sale agreement at a set or calculated price for an asset that is either in. In an asset purchase, the buyer agrees to purchase specific assets and liabilities. This means that they only take on the risks of those specific assets. Our team can help you draft this document and work out the details of your asset purchase agreement when the transaction moves forward. The most important document in an asset deal is the Asset Purchase Agreement (the "APA"). In this article, I will discuss the key provisions of an APA. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity.