This Standard Document has integrated notes with important explanations and drafting and negotiating tips. Get full access to this document with Practical Law.An Asset Purchase Agreement is used for the purchase and sale of part of a business. This form of purchase and sale agreement includes guidance for both purchasers and sellers in Florida commercial real estate acquisition and sale transactions. Get started on your next Florida asset transaction using this new shortform template from Practical Guidance. This Practical Law Company Microsoft Word template is for a standard bill of sale to accompany an asset purchase agreement. It includes drafting notes. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. THIS PURCHASE AND SALE AGREEMENT, (the "Agreement") is made and entered into this _____ day of.