An asset purchase agreement (or APA) is a binding document between a buyer and seller for the purchase and sale of a company's assets. Secure your San Antonio small business's transactions today!Our asset purchase agreements from Dan Burke are created to account for all of your assets. Form agreement for the purchase and sale of all or substantially all of the assets of a private Texas corporation, drafted in favor of the buyer. The letter of intent and the Asset Purchase Agreement should identify the assets and the purchase price. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. Form agreement for the purchase and sale of a division or line of business of a private US corporation, drafted in favor of the seller.