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 Business Sale Form With Personal Use In San Diego
Category:
State:
Multi-State
County:
San Diego
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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In person: Visit one of office locations to complete the Business Property Statement. Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale.Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Form 4797 is used for reporting the sale of various types of business property, such as real estate, equipment, and assets used in a trade or business. Whether you are a business buyer or seller, contact San Diego Corporate Law for a consultation to discuss your business sale options. Seller desires to sell and Buyer desires to purchase certain assets of Seller used in the Business in accordance with the terms and conditions contained herein.