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.
Asset Purchase Agreement With Multiple Buyers In Arizona
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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It is important to correctly identify the parties, especially if the company whose assets are being purchased has multiple subdivisions. This guide will break down the ins and outs of asset purchase agreements for multiple owners, making this complex legal topic more digestible and actionable.Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Establish terms for sale and purchase of an asset.