The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. THIS ASSET PURCHASE AGREEMENT (the "Agreement") is made this ____ day of.Download Washington Asset Purchase Agreement template, modify and send for signing using BoloForms Signature. Asset Purchase Agreements (APAs) are essential documents for asset sales, but they're far more complex than a simple transaction. A Practice Note providing commentary on key terms and conditions commonly found in asset purchase agreements. 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. The Model Asset Purchase Agreement and commentary refer to the Buyer and Seller as single "entities".