Bill of Sale for Business Assets | USA

This standard form USA Asset Purchase Agreement includes a set of schedules and documentation you need to transfer the assets of the business from the seller to the buyer. The package contains:

1. Asset Purchase Agreement setting out the terms and conditions of the purchase and sale;
2. Schedule of Definitions used in the Agreement;
3. Representations and warranties of the seller regarding the corporate status of the business, contractual obligations, taxes, financial statements, condition of the assets, and other material items;
4. Miscellaneous standard contract provisions, including a bulk sales law compliance provision;
5. Non-Competition Agreement to be signed by the seller.

You can customize and tailor the USA Asset Purchase Agreement template to fit the specific conditions of your transaction. This digital download can be used for brokered and non-brokered sales.

When buying a business in the United States, you will be required to provide this USA Affidavit of Purchaser to the seller.

• The buyer confirms that it will take over the seller's lease on the business premises (if applicable), that it has inspected all equipment and has a complete list of all inventory and assets being purchased.
• The buyer waives compliance with State bulk sales law and will rely on the rights of set-off and indemnification in the purchase and sale documents.

Buy and download the USA Affidavit of Purchaser of Business Assets, print it and sign it in front of a notary.

When you sell a business in the United States, you may be required to provide this Affidavit of Seller in accordance with bulk sales act legislation.

• The seller confirms that:
  • the seller has the right to sell the business, assets, inventory, goodwill and equipment of the business,
  • no taxes are owing with respect to the business being sold,
  • no litigation is pending, and
  • the seller has not done anything which would give rise to a claim against any of the items being sold.
• This affidavit is a downloadable digital template which you can easily fill in, print and sign in front of a notary.
• Available in MS Word format.
• Intended to be used only in the United States.

You're in the process of negotiating the purchase of a business. It's in your best interests to put the understanding in writing with this USA Letter of Intent to Purchase Business Assets.

• The LOI template can be used anywhere in the United States.
• The assets being purchased include intellectual property, tangible property, know-how and goodwill.
• The template includes a section for purchase price adjustments for such items as uncollected receivables and inventory writedowns.
• The transaction can only be completed once a number of conditions precedent have been met, such as obtaining any required governmental approvals, licenses or permits, and completion of a satisfactory due diligence review.
• The seller will not participate in any discussions or negotiations with any other party while the letter of intent is in effect.
• Put a Letter of Intent in place to make sure that your discussions with the seller are not circumvented or interrupted.
• Intended to be used only for transactions governed by the laws of the United States.