Business sale agreement: any business
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
About this document
This is a comprehensive agreement for the sale of a business by an individual, a company or any other organisation.
Note: not suitable for sale of shares in a company. For a company sale, See our Company sale agreements section.
This document is our most comprehensive version. Before you select it, you might consider the alternative versions, already tailored to the most common business uses. They are listed in the column on your right.
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 providing the first draft.
Warranties have been used only so far as appropriate to the subject matter of the sale. The drafting notes contain a thorough explanation of how warranties work.
Complications arise if the purchase money is not paid over to the seller at the same moment as other matters are finalised. This and other Net Lawman documents assume that most matters will be completed when the cash is paid. There are a few inevitable exceptions, particularly when relying on a third party such as a web host or domain name registrar. If it is inevitable that some matters remain to be done later than the date of completion, you should use our drafting service to draw the fine points for you.
The purchase price may be apportioned among the assets to assist in tax planning.
As a buyer, you will probably be buying the property or at least taking over a lease. Many of these agreements include a transfer of a lease and / or an agreement to buy a freehold.
We give you more information about these procedures in the drafting notes that come with each document.
- Agreement for Sale
- The Purchase Price
- Items to be delivered at completion
- Creditors and Liabilities
- Warranties by the Seller
- Future Activities
- The Guarantor
- Miscellaneous Matters
- Suppliers and customers
- Licences, consents and passwords
- Joint ventures and partnerships
- Statutory restrictions
- Seller’s activities
- Defective products and service liabilities
- Leasehold properties
- Freehold properties
- Intellectual property
- Internet domain names
This document was written by a solicitor for Net Lawman. It complies with current New Zealand law.
What other customers thought
Average customer rating
By Chris Parker 21 June 2016
This is a very easy document to use and modify as needed, everything is explained as it should be and I have no hesitation in recommending this to anyone looking for this type of document.
Will definitely use Net Lawman again when needed.
By Kevin Byrne 02 December 2014
We found the process to be easy and the documentation explained the setup of the contract well. Should we require further legal documentation we will use you again.
By Jonathan Jimmink 30 November 2013
We liked the way that the numbering changed if you deleted a part that didn't apply to this business. Very easy to use.
By Gilbert Peterson 07 March 2017
I appreciated the plain English very much and its good that the document is so comprehensive since it required me to think of things I wouldn't have otherwise even though some of it did not apply in this case.
By Gayelene Woodcock 20 March 2016
Covered everything we needed in plain English but GST part needs updating and should have option "plus GST if any". We liked the way the numbering updated if you deleted or added a particular clause/part.
By Thomas Pape 29 April 2013
Easy to use, clear and included everything I needed
"I have found Net Lawman perfect for my needs and saved me thousand of dollars in legal fees getting a lawyer to produce these douc's from scratch. I have used three of the Net Lawman doc's to basically write up the NDA, contract, Non Solicitation agreements to a level of being 95% complete and then used my lawyer to sign off. My lawyer even commented how complete these doc's are.
Thanks guys, great service/product.
Cheers Dean"Dean Harper
"...Yes very useful. I understand the terminology etc as I've seen a fair few legal docs before. Notes are very helpful. Gives me some base insight without the expense of a solicitor! "John K
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