With this Buy-Sell Agreement Package, you will find the forms that are necessary for a future sale of a partner’s or shareholder's interest. In a buy-sell agreement, the party contractually limits his or her ability to dispose of his or her interest in the partnership or corporation to the terms of the agreement, and control of the partnership or corporation may be assured.
Included in your package are the following forms:
- Buy-Sell Agreement Between Shareholders of Corp
- Buy-Sell Agreement Between Partners of Partnership
- Non-Compete Agreement Between Buyer and Seller
- Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance
- Buy-Sell Clauses and Related Material
Detailed information on forms included:
- Buy-Sell Agreement Between Shareholders of Corp. - The purpose of this agreement is to provide for the sale by a stockholder during his/her lifetime, or by a deceased stockholder's estate, and to provide all or a substantial part of the funds for the purchase. The form contains the following provisions: total value of the capital stock, procedure upon the death of a stockholder, and amending procedures for the agreement.
- Buy-Sell Agreement Between Partners of Partnership - This form is an agreement in which the partners are engaged in a particular business and the purpose of this agreement is to provide for the sale by a partner during a partner's lifetime, or by a deceased partner's estate, of his interest in the partnership, and for the purchase of such interest by the partnership at a price fairly established, and to provide all or a substantial part of the funds for the purchase.
- Non-Compete Agreement Between Buyer and Seller- In this form, the seller and purchaser agree not to compete with each other in the specified industry and territory for a certain time period. The form is designed to be adapted to fit your particular needs.
- Buy-Sell Clauses and Related Material - This form is a model adaptable for use in partnership matters, based on an example clause used by a 50-50 general partnership or limited liability company joint venture. Buy-sell device includes an auction procedure. Adapt the form to your specific needs and fill in the information.
- Buy-Sell or Stock Purchase Agreement Covering Common Stock in a Closely Held Corporation with an Option to Fund the Purchase Through Life Insurance- This form is set up as a Buy Sell Agreement between the Corporation and a key shareholder. It applies in the case of the death, disability, retirement or offer of shareholder to sell the stock during his lifetime.
The Aurora Colorado Buy Sell Agreement Package refers to a comprehensive set of legal documents designed to facilitate the buying and selling of properties in the city of Aurora, Colorado. This package comprises various contracts, forms, and agreements needed to protect the interests of both the buyer and the seller in a real estate transaction. The Aurora Colorado Buy Sell Agreement Package includes the following key documents: 1. Purchase Agreement: This agreement outlines the terms and conditions of the property sale, including the purchase price, financing details, and any contingencies that need to be fulfilled. 2. Disclosure Forms: These forms require the seller to disclose any known defects or issues with the property, ensuring transparency and reducing the risk of future disputes. 3. Lead-Based Paint Disclosure: If the property was built before 1978, this agreement compels the seller to inform the buyer about the presence of lead-based paint or hazards. 4. Financing Addendum: This addendum outlines the specific terms and conditions related to the buyer's financing, including details about interest rates, closing costs, and pre-approval requirements. 5. Inspection Contingency: This clause allows the buyer to conduct a professional inspection of the property within a specified timeframe. If any major issues are found, the buyer may negotiate repairs or cancel the agreement. 6. Title and Escrow Documents: These include title reports, title insurance, and escrow instructions to ensure a smooth transfer of ownership rights and funds. 7. Closing Disclosure: This document provides a detailed breakdown of the financial aspects of the transaction, including closing costs, loan terms, and the final cash amount required from the buyer. Other types of Aurora Colorado Buy Sell Agreement Packages may include specific addendums or clauses tailored to specific property types or situations. For instance: — Residential Buy Sell Agreement Package: This package focuses on residential properties such as condos, single-family homes, or townhouses, addressing the specific needs and regulations applicable to residential transactions. — Commercial Buy Sell Agreement Package: Designed for commercial properties, this package includes additional clauses related to zoning regulations, lease agreements, and potential environmental concerns. — New Construction Buy Sell Agreement Package: This package caters to the purchase and sale of newly built properties, incorporating provisions related to construction timelines, warranties, and potential upgrades or modifications. In summary, the Aurora Colorado Buy Sell Agreement Package encompasses a comprehensive collection of legal documents essential for the buying and selling of properties in Aurora, Colorado. Its contents ensure that all aspects of a real estate transaction are properly outlined and safeguard the interests of both parties involved.
