About this document
This is a comprehensive agreement for the sale and purchase 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.
- 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.
- The purchase price may be apportioned among the assets to assist in tax planning.
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
- The Guarantor
- Communications
- Miscellaneous Matters
- Jurisdiction
Warranties covering
- Assets
- Stocks
- Accounts
- Employees
- Suppliers and customers
- Licences, consents and passwords
- Insurance
- Statutory restrictions
- Litigation
- Seller’s activities
- Contracts
- Properties
- Leasehold properties
- Intellectual property
- Internet domain names
This document was written by a solicitor for Net Lawman. It complies with current New Zealand law.
-
"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 -
"I found the documents easy to use and great value. I feel the service is easy to use and good value for money"
Sean McNicholas -
"I appreciate your patience. I have to say though it took me a while (I had almost given up) to come across your internet site, but I was quite impressed with the manoverabilty of the site itself and the services it offers. Normally I am very cautious about internet services and am pleasantly impressed by you professional response. Without doubt I will definitely be recommending yourselves to others."
Razwana