Product tags
Related products
Victoria Contract for Sale of Business
Prepare a contract for the sale of a business with this easy downloadable template for the State of Victoria.
- The Contract is subject to a 3-day cooling off period during which the Contract may be canceled if the purchaser does not receive independent legal advice or if a similar contract has been entered into between the parties.
- The Contract is also conditional upon the purchaser obtaining sufficient financing to complete the purchase.
- The vendor will transfer the existing lease or negotiate a new lease for the premises, and obtain approvals as required from the landlord and any mortgagee.
- If the parties are unable to agree on the value of the stock, they will submit the determination to an independent stocktaker.
- If the purchaser defaults in payment, the vendor may immediately sue for the unpaid amount.
- If a dispute arises, neither party is at liberty to commence legal proceedings until the parties have attempted to resolve the dispute through mediation.
- Available in MS Word format.
- Intended to be used only in the State of Victoria, Australia.
$34.99
Australia Agreement for Sale of Business
Sell the assets, goodwill and inventory of an Australian business with this template Agreement for Sale of a Business.
- The business is being sold as a going concern.
- The balance of the purchase price, after the down payment and earnest money deposit, will be secured by a promissory note which is included in the package.
- The seller makes certain representations and warranties regarding the business and its operations, including compliance with all applicable laws.
- The buyer covenants to treat all information as confidential, and to carry sufficient hazard and liability insurance until the promissory note is paid in full.
- The sale is conditional upon the buyer being provided with, and being satisfied with, information and records of the business.
You can pay a solicitor a lot of money to prepare your paperwork. Or you can save money by downloading the Australia Agreement for Sale of Business.
$29.99