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 Purchase Agreement Format In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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FAQ
If you're asking whether you need a lawyer to draft a contract, legally, the answer is no. Anyone can draft a contract on their own and as long as the elements above are included and both parties are legally competent and consent to the agreement, it is generally lawful.
How to write a contract agreement in 7 steps. Determine the type of contract required. Confirm the necessary parties. Choose someone to draft the contract. Write the contract with the proper formatting. Review the written contract with a lawyer. Send the contract agreement for review or revisions.
The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures.
More info
Assignment and assumption agreement, substantially in the form attached hereto as Exhibit. (the "Assignment and Assumption.THIS AGREEMENT is made and entered into effective the __ day of. 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. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction. Purchase agreements are legally binding contracts used to guide the transition of ownership in a business or the sale of its assets.