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Business Sale Legal Documents

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Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - North Carolina
Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - North Carolina
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Sale of a Business Package - Iowa
Sale of a Business Package - Iowa
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Sale and Servicing Agreement
Sale and Servicing Agreement
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Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Vermont
Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Vermont
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Sale of a Business Package - Wisconsin
Sale of a Business Package - Wisconsin
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Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - West Virginia
Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - West Virginia
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Sale of a Business Package - Hawaii
Sale of a Business Package - Hawaii
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Bill of Sale with Warranty for Corporate Seller - Illinois
Bill of Sale with Warranty for Corporate Seller - Illinois
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Sale of a Business Package - Illinois
Sale of a Business Package - Illinois
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Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Arkansas
Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Arkansas
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Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - North Dakota
Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - North Dakota
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Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Nebraska
Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Nebraska
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Sale of a Business Package - New Hampshire
Sale of a Business Package - New Hampshire
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Sale of a Business Package - Maine
Sale of a Business Package - Maine
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Related Categories
Service Affidavit Forms
Real Estate Sale Documents
Court Petition Forms
Quitclaims Deeds
Legal Documentation for Property Transfer
Marital Property Transfer Deeds
US Quitclaim Deeds
US Court Orders
Legal Proceedings Documentation
Family Law Court Orders
Related Features
Set look in OSHEET
Set look in OTT
Set look in OMM
Set look in PAGES
Set look in PAP

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Commonly Asked Questions about Business Sale Legal Documents

A purchase agreement is the primary legal document used for the acquisition of a business. The purchase agreement outlines all of the details of the sale and mirrors the LOI. Depending on how you structure this transaction you might also need: a bill of sale.
Transfer (assignment) of contracts. If shares in a company are being sold, then the contracts that the company has with third parties will not need to be changed. However, if assets are being sold, then contracts will need to be assigned or novated (different types of transfer) to the buyer.
Generally, a Bill of Sale is used for straightforward transactions where money is exchanged, and the ownership of the item transfers from the seller to the buyer. A Sales Agreement is used for more complex transactions where more details about the sale are required, such as information about any warranties on the item.
Do I need a solicitor and other professional advisors to help sell my business? Its highly recommended to seek the advice of professional advisors, such as solicitors and accountants, when selling a business.
Form 4797 (Sales of Business Property), issued by the IRS, is used to report financial gains made from the sale or exchange of business property.
The final documentation typically includes: the sale agreement. the tax deed (in share purchases, this is the sellers indemnity against unforeseen tax liability) any other indemnity agreements, where the seller agrees to reimburse the buyer in full for undisclosed liabilities incurred by the company before the sale.
Businesses issue certificates to shareholders, members or partners in order to provide proof of ownership. This proof is typically provided in the form of a certificate: Stock certificates for corporations. Membership certificates for LLCs.
A bill of sale legally records the transfer of ownership of an item. It isnt difficult to draft and can come in handy when you need proof youve sold an item of value. Get your bill of sale.

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