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Buy Sell Agreement Package - South Carolina

Buy Sell Agreement Package - South Carolina 2026

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The document is a Buy-Sell Agreement Package from U.S. Legal Forms, Inc., specifically designed for South Carolina. It includes various legal forms that facilitate the sale of a partner's or shareholder's interest in a partnership or corporation, ensuring control over such transactions. The package contains agreements for shareholders and partners, a non-compete agreement, and clauses adaptable for specific needs. Additionally, it provides tips for completing the forms and includes a disclaimer regarding the use of the materials.

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Click ‘Get Form’ to open the Buy Sell Agreement Package in our editor.
Begin with the 'Buy-Sell Agreement Between Shareholders of a Corporation'. Fill in the total value of capital stock and procedures for handling a stockholder's death.
Next, complete the 'Buy-Sell Agreement Between Partners of Partnership'. Specify the terms for selling a partner's interest and how the partnership will fund this purchase.
Proceed to the 'Non-Compete Agreement Between Buyer and Seller'. Clearly define the industry and territory where both parties agree not to compete.
Fill out the 'Buy-Sell or Stock Purchase Agreement' ensuring you include options for funding through life insurance if applicable.
Lastly, review and adapt the 'Buy-Sell Clauses and Related Material' form to fit your specific partnership needs.

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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 do lawyers charge to draft a contract?

Complex contract drafting is more costly than writing a simple contract and spans between $800 and $2,500 as a flat cost. On the contrary, some online lawyers may charge an hourly rate between $150 and $500 for more comprehensive services, such as contract modifications and negotiation.

How much does it cost to have a purchase agreement made?

The average cost for a lawyer to draft a purchase agreement is $810 on a flat fee basis. The average cost for a lawyer to review a purchase agreement is $660 on a flat fee basis.

How much does a buy-sell agreement cost?

Explore real-world pricing data for hiring a lawyer to handle a buy sell agreement in California through ContractsCounsels legal marketplace. Based on 156 bids submitted by lawyers, the average flat-fee proposal is $1,060, representing an estimated 58% savings compared to traditional law firm pricing.

Is a buy-sell agreement legally binding?

A buy-sell agreement is a legally binding contract for joint business owners that establishes what happens to a co-owners business interest if they leave the business, become incapacitated or die.

What are the four types of buy-sell agreements?

There are four main types of buy-sell agreements. A redemption or entity purchase, a cross-purchase arrangement, a one-way buy-sell or a wait-and-see buy-sell.