The Asset Purchase Agreement is a crucial document for real estate transactions, specifically tailored for sellers and buyers in Orange, particularly useful for real estate agents engaged in FSBO (For Sale By Owner) scenarios. This agreement outlines the terms under which the seller, referred to as the Seller, sells their business assets to the buyer, known as the Buyer. Key features include detailed sections on the assets purchased, liabilities assumed, purchase price structuring, and additional agreements that may be required at closing. The form provides clear instructions for modification to fit specific facts, and it encourages the inclusion of Seller disclosures such as any contingent liabilities or exclusions of certain assets. The selling points for this form resonate with a diverse audience, including legal professionals like attorneys and paralegals who need to ensure proper compliance and due diligence. Partners and associates in real estate transactions can utilize this form to facilitate smoother negotiations and closings, while owners benefit by securing favorable terms for selling their business assets. The document also emphasizes seller and buyer representations, warranties, and conditions precedent that safeguard all parties' interests within the transaction, thus making it a pivotal resource for anyone involved in FSBO transactions in Orange.