The requisition will become a Purchase Order contract specifying the exact terms and conditions. Before entering a requisition, the.Secure your San Antonio small business's transactions today! Our asset purchase agreements from Dan Burke are created to account for all of your assets. Miscellaneous Assets (include club memberships, travel award benefits, livestock, intellectual property, equipment, tools, leases, cemetery plots, season. An asset purchase agreement is the legal document that will govern the transfer of ownership of a business's assets from the seller to the buyer. 1. Sale And Purchase Of The Assets. An asset purchase agreement (or APA) is a binding document between a buyer and seller for the purchase and sale of a company's assets. Furnish the information requested in Section 17 below; b.