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 Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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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. Assignment and assumption agreement, substantially in the form attached hereto as Exhibit.(the "Assignment and Assumption. The agreement describes the assets that will be purchased, including important details like price, warranties, and breach of contract provisions. This Practical Law Company Microsoft Word template is for a standard bill of sale to accompany an asset purchase agreement. It includes drafting notes. 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. This form contemplates an asset purchase of a complete business. It is drafted to strongly favor the seller. This asset purchase agreement outlines the sale of a business's assets from a seller to a buyer.