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Asset Purchase Agreement - Business Sale

Asset Business Sale Contract

Name: Asset Purchase Agreement - Business Sale
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.57 (209 reviews)

Category:

Small Business - Business Sale

State:

Multi-State

Control #:

US-00418

Format:

Instant download

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Description Asset Transfer Agreement

This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.

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Franchise Agreement Format Form Rating

4.57

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Form 8594 Instructions Form popularity

For Sale By Owner Forms Other Form Names

Llc Member Buyout Agreement Pdf Rv Purchase Agreement Pdf Property Buyout Agreement Form Business Partner Buyout Agreement Asset Sale Form Structured Buyout Agreement Sample Asset Purchase Agreement

Shareholder Buyout Agreement Form FAQ

An asset purchase agreement or APA is a legally binding document that outlines the terms and conditions of the purchase and sale of some or all of a company's assets.terms surrounding any encumbrances or liens on the assets; and. conditions for the closing.

An asset purchase involves the purchase of the selling company's assets -- including facilities, vehicles, equipment, and stock or inventory. A stock purchase involves the purchase of the selling company's stock only.

These will include the purchase price, of course, and bills of sale, assignment and assumption agreements, intellectual property assignments, real property transfer documents and so on, as well as any legal opinions, employment agreements, escrow agreement and other ancillary documents.

Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc. An APA differs from a stock purchase agreement (SPA) where company shares, title to assets, and title to liabilities are also sold.

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. This could include equipment, fixtures, furniture, licenses, trade secrets, trade names, accounts payable and receivable, and more.

A Purchase Agreement is signed before any property or money is exchanged. It is an agreement between the parties to enter into a future transaction and documents the details of what that transaction will be. A Bill of Sale is signed during or after the exchange of money and property.

Generally, in an asset purchase, the purchasing company is not liable for the seller's debts, obligations and liabilities. But there are exceptions, such as when the buyer agrees to assume the debts, obligation or liabilities in exchange for a lower sales price, for example.

Asset Business Sale Contract

Description Asset Transfer Agreement

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How to fill out Asset Purchase Agreement Business Sale?

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Franchise Agreement Format Form Rating

Form 8594 Instructions Form popularity

For Sale By Owner Forms Other Form Names

Shareholder Buyout Agreement Form FAQ

Is an asset purchase agreement binding?

What is an asset only purchase?

What should I look for in an asset purchase agreement?

What is an asset purchase of a business?

What should be included in an asset purchase agreement?

How does an asset purchase of a business work?

Is a purchase agreement a bill of sale?

What happens to liabilities in an asset purchase?

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