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A bulk sales agreement sets forth the terms and conditions regarding the transfer of a large segment of the seller's materials, merchandise and the like. The Buyer agrees to accept the properties subject to easements, restrictions and reservations of record. 2.Once you finish the documentation and sign the Escrow and sale agreement, you can finalize your transfer. The Craft Behind Bulk Sales. In a bulk sale, the entire business is sold as a single entity. This includes all of the assets and liabilities of the business. Maryland, for example, applies its law to restaurants, all bulk transfers of goods located within. Maryland, all companies whose principal business involves the. Complete the Application for Tax Clearance (REV-181) and make two copies of the form before sign- ing it. •. Complete all information and attach a copy of the sales contract.
