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.
Sale Of Business Asset With Personal Use In Nevada
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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In Nevada, most tangible personal property transferred for value is taxable. This includes most goods, wares, and merchandise.According to Nevada Revised Statutes, all property that is not defined or taxed as "real estate" or "real property" is considered to be "personal property. 1. "Retail sale" or "sale at retail" means a sale for any purpose other than resale in the regular course of business of tangible personal property. All personal property used for the business should be listed completely and accurately. The cost and year of acquisition should be listed on the declaration. I'm purchasing an existing business in Nevada as an asset sale. I'm creating a new NV entity to eliminate all previous.