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 With Multiple Buyers In Massachusetts
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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Massachusetts business lawyers explain how asset purchase agreements work and what they should include. This guide will break down the ins and outs of asset purchase agreements for multiple owners, making this complex legal topic more digestible and actionable.Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. The first thing to include in a purchase agreement are the full names of the buyer(s) and seller(s). An asset sale transaction involves the sale of some or all of the assets used in a business from a selling company to a buyer. An asset purchase agreement, or asset sale agreement, should contain details about the business, buyer, seller, and assets acquired through the transaction.