The Asset Purchase Agreement is designed for use in the sale of business assets between a seller and a buyer, specifically suited for transactions involving Fsbo forms with child considerations in Allegheny. This form outlines critical details such as the assets being sold, any liabilities being assumed by the buyer, and the purchase price allocation. Key features include sections that allow for the clear delineation of included and excluded assets, payment terms, and the representation and warranties that both parties must acknowledge. Filling instructions emphasize the necessity of customizing the document to reflect the specific facts of each transaction, including the identification of the assets and liabilities. The agreement serves a broad audience, including attorneys and paralegals, who may assist in drafting and reviewing the document, while owners and associates can benefit from clear definitions of their responsibilities and rights in the transaction. This form is also useful in the context of ensuring compliance with necessary regulations, making it a vital tool in business transactions involving child provisions under Allegheny law.