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 And Sale Agreement Form
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Asset Purchase Agreement - Business Sale?
What is the most reliable service to obtain the Asset Purchase And Sale Agreement Form and other updated versions of legal documents? US Legal Forms is the answer!
It's the most extensive collection of legal documents for any purpose. Each template is professionally composed and verified for adherence to federal and local laws and regulations. They are categorized by area and state of application, making it easy to locate the one you require.
US Legal Forms is an ideal solution for anyone who needs to handle legal documentation. Premium users can benefit even more as they can complete and electronically sign previously saved documents anytime with the built-in PDF editing tool. Explore it today!
- Experienced users of the site only need to Log In to the platform, confirm if their subscription is active, and click the Download button next to the Asset Purchase And Sale Agreement Form to obtain it.
- Once stored, the template remains accessible for further use within the My documents section of your account.
- If you do not yet have an account with our library, here are the steps you need to follow to create one.
- Form compliance review. Before you acquire any template, you must verify if it meets your use case requirements and your state or county's regulations. Read the form description and utilize the Preview feature if it is available.
Form popularity
FAQ
A business asset purchase agreement (APA) is a standard merger & acquisition contract that contains the terms for transferring an asset between parties. The terms in an APA provide key logistics about the deal (e.g., purchase price, closing date, payment, etc.) along with the rights and obligations of the parties.
Parts of an Asset Purchase AgreementRecitals. The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing.Definitions.Purchase Price and Allocation.Closing Terms.Warranties.Covenants.Indemnification.Governance.More items...
An asset purchase agreement is exactly what it sounds like: an agreement between a buyer and a seller to transfer ownership of an asset for a price. The difference between this type of contract and a merger-acquisition transaction is that the seller can decide which specific assets to sell and exclude.
Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc. An APA differs from a stock purchase agreement (SPA) under which company shares, title to assets, and title to liabilities are also sold.
How to write a real estate purchase agreement.Identify the address of the property being purchased, including all required legal descriptions.Identify the names and addresses of both the buyer and the seller.Detail the price of the property and the terms of the purchase.Set the closing date and closing costs.More items...