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.
A Las Cruces New Mexico Buy Sell Agreement Package refers to a comprehensive set of legal documents and materials that facilitate the buying and selling of properties in Las Cruces, New Mexico. This package typically includes various contracts, forms, and disclosures necessary for the smooth transference of real estate ownership between parties involved. It is important to note that specific variations of the buy sell agreement package may exist depending on the type of property being bought or sold. Here are a few examples: 1. Residential Buy Sell Agreement Package: This type of package is designed for residential properties such as houses, condominiums, or townhouses in Las Cruces. It includes documents tailored to address the unique considerations and requirements of homeowners, buyers, and sellers involved in residential real estate transactions. 2. Commercial Buy Sell Agreement Package: This package is intended for commercial properties, such as office buildings, retail spaces, or industrial facilities located in Las Cruces. It encompasses contracts and materials specifically crafted to handle the intricacies, regulations, and legalities associated with commercial real estate transactions. 3. Land Buy Sell Agreement Package: For vacant land or plots located in Las Cruces, a specialized land buy sell agreement package is available. This package may include additional provisions pertaining to zoning restrictions, surveying, environmental assessments, or utility access that are vital when dealing with raw land. 4. Investment Property Buy Sell Agreement Package: Las Cruces being a popular destination for real estate investments, there may be a separate buy sell agreement package designed for investment properties like rental houses, multi-unit apartments, or commercial buildings. This package may include clauses related to rental agreements, property management, or tenant rights, taking into account the unique considerations of investment property transactions. Regardless of the specific type, a Las Cruces New Mexico Buy Sell Agreement Package generally includes key components such as a purchase agreement, disclosure statements, addendums (if applicable), financing and payment details, contingency clauses, and terms and conditions that protect the interests of both buyers and sellers. It is crucial for all parties involved in the real estate transaction to thoroughly review and understand the contents of the agreement package before executing any legally binding documents.
