If the property is brought into Ohio six months after the lease consummation, the sum of the remaining lease payments is subject to tax. Safely lease and sell your property using this Lease to Purchase agreement Ohio template.This template contains all the necessary terms under Ohio laws. Since it appears Ohio charges the sales tax all upfront on the full lease cost (i.e. A purchaser of the assets of a business will be liable for any unpaid sales tax of the seller, as well as any accrued interest and penalties related thereto. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. An Asset Purchase Agreement is an agreement between a buyer and a seller of a business as to the terms and conditions of the sale of the business.