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welcome to county office your ultimate guide to local government services and public records lets get started what is an asset purchase agreement imagine you want to buy a part of a business not the whole thing just a slice of the pie youre eyeing specific assets like equipment or intellectual property thats where an asset purchase agreement APA comes into play its a legal document a bit like a treasure map that leads to the assets you want to acquire an APA details the assets youre buying its meticulous listing everything from office chairs to patents its the who what when where and how of buying business assets think of it as a shopping list but for business assets and every item is carefully negotiated and agreed upon now why not just buy the whole company well sometimes you want just the frosting not the whole cake an APA lets you pick and choose avoiding unwanted liabilities that might come with a full business purchase its like going to a buffet and filling your plate wit
