Sale of Business Assets
for
Your State
Agreement used when one party is purchasing only certain business assets from another party.
This form should be used when one party is purchasing only certain business assets from another party. This form is set up for use in the sale of sole proprietorship assets to an individual. This structure may be easily adapted to fit other situations if necessary (sale from a partnership to a corporation, etc.).
Among others, this form includes the following provisions:
State Law Compliance: This form complies with the laws of all states
Among others, this form includes the following provisions:
- List of Assets
- Payment Amount
- How Purchase Price Will Be Paid
- Deposit
- Date of Close
- Additional Terms
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#22076
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Customer Reviews
Average Rating:
Reviews: 2
G F -
Sedro Woolley,
WA
I was selling a business in a hurry to an associate, we have known each other for over 30 yrs, so he wanted to buy my busines and because of the fiscal cliff uncertainty, we needed to get a deal done quickly (Letter of intent to purchase, Business asset sale,Lease Agreement, Promissor note and a non-competition agreement) before the end of the year($50,000.00 in increased capital gain taxes were on the line).A secondary problem was that I'm Computer illiterate and this is the part I want consumers to know about, FindLegalForms.com's Webmaster was incredibly patient with me, Helping guide me to the correct format and telling me how to store my edited forms etc. Thank you.
S F -
Delmar,
NY
I sold the equipment and good will from my small business for a small amount of money and didn't want overly complicated legal advice to cost me a lot of money, so I followed the guidelines for my state tax department and the IRS and downloaded this form. It worked perfectly in this circumstance and the purchaser agreed. No lawyer or accountant was needed saving us both lots of money.