Short Form Asset Purchase Agreement

DISCLAIMER: This contract may not be suitable for your circumstances and we advise you to seek legal advice before being used. Jonathan Lea Limited assumes no responsibility for events arising from your use of this document. Instead of acquiring all the shares of a company (and therefore both its assets and liabilities), a buyer will very often prefer to take over only certain assets of a company. In these situations, as well as when you buy a business from an unregistered organization or if you buy a business from an administrator, the primary agreement used to negotiate and document the transaction is a contract for the sale of assets (sometimes called a business transfer agreement or a contract of sale). The following download is a simple version of an asset sale agreement: Free Intellectual Property Rights Assignment Agreement If you found this contribution and the download of the document useful, make a small donation here to help us in our mission to publish more free legal content on this site…