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 Sale In Business Definition In Pima
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State:
Multi-State
County:
Pima
Control #:
US-00418
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Word;
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In an asset sale, a firm sells some or all of its actual assets, either tangible or intangible. The allocation of purchase price in asset sale is the process of assigning the total price of a company to assets, such as buildings, trademarks, and loans.An asset sale occurs when the assets of your business are sold to a buyer. An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner's shares of a corporation. In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity.