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 Austin Texas Buy Sell Agreement Package refers to a comprehensive set of legal documents used in the sale and purchase of real estate properties within the city of Austin, Texas. These pre-prepared packages are designed to provide a convenient and efficient way for individuals or businesses to negotiate and finalize property transactions in compliance with local laws and regulations. Key elements of the Austin Texas Buy Sell Agreement Package include the buy sell agreement itself, which outlines the terms and conditions of the sale, including the purchase price, payment terms, and any contingencies such as inspections or financing arrangements. Additionally, the package may include other supporting documents such as property disclosure statements, title reports, and warranty deeds, which aim to ensure transparency and protect the interests of both the buyer and seller. The Austin Texas Buy Sell Agreement Package offers various types of packages or templates to cater to different types of property transactions. These packages can be tailored based on the specific needs of different individuals or entities involved in the sale. Some common variations of the buy sell agreement package include residential property packages, commercial property packages, and investment property packages. Residential property packages are specifically designed for the sale and purchase of houses, condominiums, townhouses, or other residential properties within Austin. These packages often include additional documents such as lead-based paint disclosure forms and home inspection reports to address specific concerns related to residential properties. Commercial property packages, on the other hand, focus on commercial real estate transactions such as retail spaces, offices, or industrial properties. These packages may include additional clauses related to leasing agreements, zoning restrictions, or environmental assessments to ensure compliance with specific regulations that apply to commercial properties. Investment property packages cater to buyers or sellers involved in the purchase or sale of investment properties, which can include rental properties or properties intended for resale. These packages often include documents related to rental agreements, tenant history, or existing lease agreements, thereby providing a comprehensive set of documents specifically tailored to investment property transactions. In summary, the Austin Texas Buy Sell Agreement Package encompasses a collection of legal documents and templates specifically designed to facilitate the purchase and sale of real estate properties within Austin, Texas. The diverse array of packages available ensures that potential buyers and sellers can find a package that is most suitable for their specific property type and transaction requirements.
