The Asset Purchase Agreement is a legal document designed for the acquisition of business assets in Riverside. This comprehensive agreement outlines the terms under which a Seller transfers ownership of equipment, inventory, and other assets to a Buyer. Key features include the purchase price allocation, assumptions of liabilities, and conditions for closing. Fill in specific details for the Seller and Buyer, including names and dates. This form is useful for attorneys, partners, and paralegals involved in business transactions, as it provides a structured approach to asset acquisition. Legal assistants can aid in preparing the form, ensuring all needed disclosures and representations are included. It also serves as a guide for Owners and Associates during negotiations, clarifying what assets are included or excluded in the sale. Overall, this document facilitates a clear understanding of both parties’ responsibilities and rights throughout the asset purchase process.