This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Guam Asset Purchase Agreement - Business Sale
Instant download
Description
Free preview
How to fill out Asset Purchase Agreement - Business Sale?
If you want to finalize, retrieve, or print legitimate document templates, utilize US Legal Forms, the most extensive collection of legal forms available online.
Take advantage of the site's straightforward and user-friendly search to find the documents you need.
Numerous templates for business and personal purposes are categorized by type and jurisdiction, or by keywords.
Step 4. Once you have located the form you desire, click the Purchase now button. Choose the pricing plan you prefer and enter your details to register for an account.
Step 5. Complete the purchase. You can use your Visa, Mastercard, or PayPal account to finalize the transaction.
- Use US Legal Forms to obtain the Guam Asset Purchase Agreement - Business Sale with just a few clicks.
- If you are already a US Legal Forms user, Log In to your account and click on the Acquire button to access the Guam Asset Purchase Agreement - Business Sale.
- You can also retrieve forms you have saved previously from the My documents section of your account.
- If you are using US Legal Forms for the first time, follow these instructions.
- Step 1. Ensure you have selected the form for the correct city/state.
- Step 2. Utilize the Review option to examine the form's contents. Don’t forget to read the information.
- Step 3. If you are not satisfied with the form, use the Search area at the top of the screen to locate other versions of the legal form template.
Form popularity
FAQ
A Business Purchase Agreement is a contract used to transfer the ownership of a business from a seller to a buyer. It includes the terms of the sale, what is or is not included in the sale price, and optional clauses and warranties to protect both the seller and the purchaser after the transaction has been completed.
An asset purchase agreement is an agreement between a buyer and a seller to purchase property, like business assets or real property, either on their own or as part of a merger-acquisition.
While buyer's counsel typically prepares the first draft of an asset purchase agreement, there may be circumstances (such as an auction) when seller's counsel prepares the first draft.
How to Write a Business Purchase Agreement?Step 1 Parties and Business Information. A business purchase agreement should detail the names of the buyer and seller at the start of the agreement.Step 2 Business Assets.Step 3 Business Liabilities.Step 4 Purchase Price.Step 6 Signatures.
Parts of an Asset Purchase AgreementRecitals. The opening paragraph of an asset purchase agreement includes the buyer and seller's name and address as well as the date of signing.Definitions.Purchase Price and Allocation.Closing Terms.Warranties.Covenants.Indemnification.Governance.More items...
Know How to Fill Out the Business Bill of SaleDate of Sale.Buyer's name and address.Seller's name and address.Business name and details, which include: State of incorporation. Address of the business's main headquarters. Assets, shares, personal property and other interests included with the company.
Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...?
Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc. An APA differs from a stock purchase agreement (SPA) under which company shares, title to assets, and title to liabilities are also sold.
In an asset purchase, the buyer will only buy certain assets of the seller's company. The seller will continue to own the assets that were not included in the purchase agreement with the buyer. The transfer of ownership of certain assets may need to be confirmed with filings, such as titles to transfer real estate.
An asset purchase involves just the assets of a company. In either format, determining what is being acquired is critical. This article focuses on some of the important categories of assets to consider in a business purchase: real estate, personal property, and intellectual property.
