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Agreement for Purchase of Business Assets from a Corporation

Agreement for Purchase of Business Assets from a Corporation 2026

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The document is an Asset Purchase Agreement between a Buyer and a Seller, outlining the terms for the sale of business assets from the Seller to the Buyer. It includes provisions regarding the promise to buy and sell, instruments of transfer, consideration, warranties and covenants of the Seller, closing date, indemnification, transfer of title, and dispute resolution through arbitration. The agreement emphasizes compliance with laws and includes clauses on costs, severability, modification, assignment of rights, and execution in counterparts.

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Click ‘Get Form’ to open the Agreement for Purchase of Business Assets from a Corporation in our editor.
Begin by filling in the names and addresses of both the Buyer and Seller at the top of the document. Ensure that all corporate details are accurate.
In Section I, clearly outline the assets being sold as listed in Exhibit A. This is crucial for defining what is included in the sale.
Proceed to Section III to specify the purchase price and how it will be allocated among the assets. Be precise with your valuation method.
Complete Section IV by reviewing and confirming Seller's warranties and covenants, ensuring all necessary disclosures are made.
Finalize by setting a closing date in Section V, making sure both parties agree on this date and location.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much does an asset purchase agreement cost?

The average cost (i.e., legal fees) for a lawyer to draft an asset purchase agreement is $1320 [1] on a flat fee basis. The average cost for a lawyer to review an asset purchase agreement is $730 [2] on a flat fee basis.

What is a business asset purchase agreement?

An asset purchase agreement (APA) is a contract that specifies the terms and conditions for the sale and purchase of a business or certain business assets.

What does a business purchase agreement look like?

A Business Purchase Agreement may include details such as the names of the parties, purchase price, payment terms, assets and liabilities included, closing conditions, non-compete clauses, and any other relevant terms specific to the transaction.

Can anyone write a purchase agreement?

Can I write my own purchase agreement? In theory, yes: Youre free to do so, given that a buyer or seller is allowed to draft their own real estate purchase agreement.

Can I write my own business purchase agreement?

Yes, either the buyer or the seller can draft a business purchase agreement. However, its crucial that the person writing the agreement has a good understanding of the business and legal implications.

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Can I make my own business contract?

Yes you can write your own contracts. A written contract is only a written record of something that has already been agreed in speech. So to start with write down in simple terms what has been agreed already, that is a good starting point.

Is it legal to create your own contract?

Only legal professionals can draft a legal contract. A contract is a legally recognized agreement made between two or more people. In most cases, it doesnt have to be a written document. But its a good idea to put a contract in writing, even if the law doesnt require it.

Can I draft my own agreement?

When writing your own agreements keep the words as simple as possible. Make sure there are no blanks that could be filled in by other people after you have signed, and put your initials next to any changes that are made to the contract before you sign it. Everyone involved should get a copy of the signed contract.

Agreement for Purchase of Business Assets from a Corporation 2026

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