This guide will break down the ins and outs of asset purchase agreements for multiple owners, making this complex legal topic more digestible and actionable. In an asset sale, the new owner purchases the business's physical assets.The seller retains all rights to the legal entity. Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. Asset Purchase Agreements (APAs) are essential documents for asset sales, but they're far more complex than a simple transaction. When buying the assets of a business, some are subject to sales or use tax, while others are not. Items subject to retail sales tax. Purchaser shall also pay at Closing any and all amounts due to the State of Washington that are associated with the sale under this Agreement,. The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing. Download Washington Asset Purchase Agreement template, modify and send for signing using BoloForms Signature.