Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. Download Pennsylvania Asset Purchase Agreement template, modify and send for signing using BoloForms Signature.The most important document in an asset deal is the Asset Purchase Agreement (the "APA"). In this article, I will discuss the key provisions of an APA. THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of September. If you are thinking about purchasing a business from someone, you should be aware of Pennsylvania's Bulk Sale Law. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Legal advise and agreements for purchasing a business or selling a business. Get our free, updated 2022 checklist for business buyers.