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 Short Form In Illinois
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State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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This short-form stock purchase agreement is used for an all cash acquisition under Illinois law. Other than the Excluded Assets, Seller shall sell, transfer, convey, assign and deliver to Buyer, and.Assumption and Bill of Sale in the form attached hereto as Exhibit A. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. I uploaded a simple asset purchase agreement to Docracy and thought I'd share it here. I drafted it with very small businesses in mind.