The Asset Purchase Agreement is a legal document designed for transactions in Miami-Dade, where a buyer acquires specific assets from a seller. Key features include sections outlining the assets being sold, liabilities that the buyer will not assume, and the purchase price allocation. The agreement stipulates payment terms, additional agreements required at closing, and representations and warranties from both the seller and the buyer regarding their corporate status and the assets involved. This document serves multiple use cases, particularly for attorneys who draft and review legal agreements, and for paralegals or legal assistants tasked with gathering necessary documentation or facilitating communication between parties. Owners and partners will find the agreement essential to navigate asset acquisitions safely. It ensures clear obligations and provides protections against liabilities, making it vital for associates involved in due diligence or contractual negotiations.