The Asset Purchase Agreement is a detailed document that facilitates the sale of business assets from a seller to a buyer, specifically structured for use in Harris when dealing with FSBO (For Sale By Owner) forms involving realtors. This agreement outlines the assets included in the sale, the liabilities assumed by the buyer, and the purchase price allocation. It is structured to support various legal roles, including attorneys, partners, owners, associates, paralegals, and legal assistants, by providing clear terms and conditions that govern the transaction. Key features of the form include sections for asset purchase details, payment terms, seller's warranties, buyer's obligations, and closing conditions. Users are instructed to modify the form to fit their specific facts and delete any non-applicable provisions. The form is beneficial for legal professionals assisting clients in business transactions and for individuals navigating selling processes without realtor representation. By utilizing this agreement, parties can ensure clarity in their rights and obligations while facilitating a smoother transfer of ownership.