Asset Purchase Agreement With Seller Financing In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
The Asset Purchase Agreement with seller financing in Wake is a legal document that formalizes the sale of a business's assets from a seller to a buyer. This agreement outlines the assets being sold, including equipment, inventory, goodwill, and any liabilities that the buyer may assume. Key features include specific sections detailing the purchase price allocation, payment terms, security interests retained by the seller, and representations and warranties from both parties. The form requires modification to reflect the specific facts of the transaction and is designed for ease of use by individuals without extensive legal experience. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form relevant as it provides a structured approach to documenting asset sales and protecting the interests of both parties through clear terms and conditions. Additionally, it includes provisions for closing procedures, post-closing obligations, and indemnification, making it a comprehensive tool for transactions involving seller financing.
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