Business sale and purchase agreement: professional service provider
Use this comprehensive agreement to buy any business
providing professional or personal services: business up to
any size, with leasehold premises in any location. Large
menu of warranties.
About this document
This is a comprehensive business agreement for you to buy from an individual or a company or any other organisation. If you are buying the actual company, this agreement is not suitable. See our company sale document section.
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his.
Note:
•Warranties have been used only so far as appropriate to the subject matter of the sale.
•Designed for the deal to be completed on the same day, not at some future time;
•Purchase price apportioned among the assets to simplify tax planning;
•Comprehensive list of matters to be done before completion and documents to be handed to the buyer;
•Provisions to prevent seller setting up in competition;
•Suitable provisions for contract to cover transfer of leasehold property as part of the transaction;
•Explanatory guidance notes in plain English are included.
Contents
Interpretation
Agreement for Sale
The Purchase Price
Items to be delivered at completion
Completion
Stocks
Debtors
Creditors and Liabilities
Tax
Warranties by the Seller
Future Activities
Indemnity by seller
The Guarantor
Communications
Miscellaneous Matters
Jurisdiction
Warranties covering;
Assets
Stocks
Accounts
Employees
Suppliers and Clients
Licences, consents and passwords
Insurance
Joint ventures and partnerships
Statutory restrictions
Litigation
Seller's activities
Contracts
Properties
Leasehold properties
Intellectual property
Internet domain names
General
Word
Count (approximate):
Document: 7400
words
Explanatory notes:
4200
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
Business sale and purchase agreement: professional service provider
