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 And Sale Agreement Form In Texas
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
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THIS ASSET PURCHASE AGREEMENT (this "Agreement") is made and entered into as of. Drafting a purchase agreement for buying or selling a business in Texas is a critical step to ensure a smooth transaction.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. An asset purchase agreement (APA) is a written legal document that formalizes purchasing a business or substantial commercial asset. An Asset Purchase Agreement is a legally binding contract between a buyer and a seller that details the terms and conditions of the sale of a business's assets. This article will outline the key elements and specific considerations for Texas law to help you create a comprehensive agreement.