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Mutual Release for Asset Purchase and Sale
Whether you're selling or buying a business, you can protect yourself against claims by the other party in the transaction with this Mutual Release for Asset Purchase and Sale.
- The Release must be signed by both the purchaser and the seller.
- Each party releases the other party from claims or demands with respect to the transaction.
- This is a generic legal form which can be used anywhere.
- In today's world, it's always better to be safe than sorry. Buy and download the Mutual Release for Asset Purchase and Sale before you sign on the dotted line.
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USA Affidavit of Purchaser of Business Assets
When buying a business in the United States, you will be required to provide this USA Affidavit of Purchaser to the seller.
- The buyer confirms that it will take over the seller's lease on the business premises (if applicable), that it has inspected all equipment and has a complete list of all inventory and assets being purchased.
- The buyer waives compliance with State bulk sales law and will rely on the rights of set-off and indemnification in the purchase and sale documents.
Buy and download the USA Affidavit of Purchaser of Business Assets, print it and sign it in front of a notary.
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Letter of Intent to Purchase Assets of Business
Are you in negotiations to purchase the assets of a business? Set down the terms of your offer in writing with this Letter of Intent template.
- The letter of intent is not a contract and is not legally binding, except as it relates to the negotiations between the parties, such as confidentiality provisions.
- In this template, the buyer intends to incorporate a new company which will purchase all of the assets and goodwill of the business from the seller.
- The letter has a built-in expiry date, which will take effect if the parties fail to execute and deliver a formal Purchase & Sale Agreement within a specified number of days.
- If the buyer is willing to proceed and the seller fails to go through with the transaction, the seller will pay the buyer's costs and a percentage of the purchase price as liquidated damages.
- This is a generic template that can be used anywhere.
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Letter of Intent to Purchase Business Assets | USA
You're in the process of negotiating the purchase of a business. It's in your best interests to put the understanding in writing with this USA Letter of Intent to Purchase Business Assets.
- The LOI template can be used anywhere in the United States.
- The assets being purchased include intellectual property, tangible property, know-how and goodwill.
- The template includes a section for purchase price adjustments for such items as uncollected receivables and inventory writedowns.
- The transaction can only be completed once a number of conditions precedent have been met, such as obtaining any required governmental approvals, licenses or permits, and completion of a satisfactory due diligence review.
- The seller will not participate in any discussions or negotiations with any other party while the letter of intent is in effect.
- Put a Letter of Intent in place to make sure that your discussions with the seller are not circumvented or interrupted.
- Intended to be used only for transactions governed by the laws of the United States.
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Right of First Refusal to Purchase Property | Canada
Prepare a Right of First Refusal to purchase a real estate property with this ready-made template for Canada.
- The owner of the real estate (the grantor) grants another party (the grantee) an irrevocable right of first refusal to purchase the property.
- The right cannot be revoked and will not expire until the grantee exercises the right to purchase or, alternatively, decides to waive its rights.
- This downloadable legal form is available in MS Word format and is fully editable.
- Governed by the laws of Canada.
$17.99
