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.
Purchase Asset On Credit In Collin
Category:
State:
Multi-State
County:
Collin
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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Enter amounts in the first three categories "as of today. " Do not leave spaces blank.Vendor's wishing to submit bids electronically should click on the "Vendor Registration" link to register for electronic bid submission. You also may want to set aside assets in a high-interest savings account or certificate of deposit (CD) specifically allocated for your purchase. When a company exchanges a fixed asset with another and the transaction has "commercial substance," the company records the asset acquired at its fair value. We will discuss what lenders (banks) look for when considering a loan and what you, the business owner, should prepare for and consider.