The Asset Purchase Agreement facilitates the acquisition of assets in Florida, outlining the terms of sale between a seller and buyer. This agreement includes sections detailing the assets purchased, the purchase price allocation, and any liabilities assumed by the buyer. Specific provisions allow for the exclusion of certain assets and ensure compliance with applicable laws, such as the Bulk Sales Act. Buyers and sellers are supported by sections that detail closing procedures, including payment terms and responsibilities for sales taxes. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for structuring asset purchase transactions, ensuring that both parties' rights and liabilities are clearly defined. It's essential to complete the form with accurate information, modifying or deleting non-applicable sections as necessary. Users should review the representations and warranties carefully to ensure all legal obligations are met before closing the deal.