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 Business Sale Form With Notary In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. Identify the parties involved in the transaction. 2.Provide a detailed description of the property or asset being sold. This publication provides general information about the federal tax laws that apply to you if you are a self-employed person or a statutory employee. A street address is required. County clerk employees should use the county clerk address. This article discusses the differences between stock sales and asset sales, but first, let's set out what qualifies in each category.