Easily Hide Alternative Choice to the Asset Transfer Agreement

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How to Hide Alternative Choice to the Asset Transfer Agreement

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- Hey guys, Clint Coons here, and in this video, I want to talk about the use of deeds, and put a little different spin on it that you may not be aware of, on how you can go about deeding your property without anybody knowing. Okay, lets get started. (lively rock music) All right, so heres the deal. If youve bought property before, you know what a deed, how a deed works, right? People get a deed, they transfer property to someone. You receive your deed if youve bought the property. You take that deed down to the county recorder. You record it right away. And now youre listed as the legal owner on title to that real estate, so the whole world at large knows. So a lot of people assume that in order to transfer title for a legally enforceable deed, you have to record it. Well, that is not the case. When youre transferring title to property, the recording aspect of a deed isnt necessary. Now, its important. Dont get me wrong, all right? You want to protect yourself against claims

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What assets are included in an asset purchase agreement?

The agreement describes the assets that will be purchased, including important details like price, warranties, and bdocHub of contract provisions.For example, asset purchase agreements are commonly used to purchase: Intellectual property. Equipment. Machinery. Businesses. Licenses. Properties.

Are asset purchase agreements confidential?

The parties shall keep this Agreement and its terms confidential, but any party may make such disclosures as it reasonably considers are required by law or necessary to obtain financing.

What is product line exception to successor liability?

Product Line Exception This exception operates to impose successor liability on a buyer of a business for defective products sold by the seller pre-closing where the buyer acquires the goodwill of the seller and continues to manufacture and sell the same products.

What are the disadvantages of stock purchase agreement?

The Disadvantages of a Stock Purchase In addition to all of the desired assets and liabilities of the company theyre purchasing, they also assume ownership of all the unwanted assets and liabilities, as well. Theres also the potential for challenges with minority stockholders or shareholders who may not have to sell.

What is an excluded asset?

Basically, any assets of the Business that are not listed as Purchased Assets are considered Excluded Assets.

Can you exclude assets in a stock purchase agreement?

Purchased Assets and Excluded Assets This can manifest in the agreement in one of two ways - the agreement can list only the assets that the buyer will choose to purchase, or an agreement can state that the buyer will purchase all the assets of the business, excluding certain listed assets.

What happens to liabilities in an asset sale?

When a company purchases the assets of another company, the general rule is that all debts and liabilities of the selling company will remain with it and are not assumed by the buying company.

What are the factors for successor liability?

Successor Liability The buyer expressly or impliedly assumes the liabilities. The transaction is deemed a de facto merger under state law. The transfer was fraudulent or intended to defraud creditors. The buyer is a mere continuation of the seller.

What is asset transfer agreement?

What is an Asset Transfer Agreement? An asset transfer agreement is a legal document between a seller and a purchaser that outlines the terms under which the ownership of property will be transferred. Assets arent considered legally transferred until it is written in a legal agreement and signed by both parties.

What should be included in a stock purchase agreement?

Understanding Stock Purchase Agreements The basic terms of the deal are the sellers and buyers legal names, the number of stocks being purchased and at what price, and the closing date. An SPA much like a contract should spell out all expectations, warranties, legal stipulations, and so on.

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