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 Purchase Agreement Long Form In Texas
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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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. An asset purchase agreement (APA) is a written legal document that formalizes purchasing a business or substantial commercial asset.This Practical Law Company Microsoft Word template is for a standard bill of sale to accompany an asset purchase agreement. It includes drafting notes. Purchased Assets. 1. 1.2. 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. An asset purchase agreement is the legal document that will govern the transfer of ownership of a business's assets from the seller to the buyer.