A General Purpose Sale of Business Contract
A general purpose contract for sale of business. Up to date with recent changes in commercial leasing and other legislation affecting the sale of business.
This Contract for Sale of Business is a straightforward and elegant alternative to the Law Society of New South Wales Contract for Sale of Business.
The entire Contract is in Microsoft Word. There are not parts of the Contract that are locked for editing. Covers the following essential items:
- Definitions & Interpretation
- Key Person and guarantor
- Sale and purchase
- Title and risk
- Continuation of business
- Work orders
- Access to records and copies
- Transfer of premises lease
- New lease
Transfer of franchise
- Lease and hire agreements
- Business agreements and arrangements
- Vendor Warranties
- Warranties of the purchaser
- Limits on warranties
- Notice to complete
- Termination of contract
- General Provisions
- List of Annexures
21 pages long.
Buy it once use it as many times as you like.
A General Contract for the Sale of Business
A Sale of Business Agreement is entered into where one party (the “seller”) wants to sell its business to another party (the “buyer”).
There are a number of factors to consider when selling your business, one of the most important being how much you would like to sell your business for.
Selling your business can be a challenging task, so it’s important to get it right. Here are some suggested steps to guide you through the process. FOR MORE INFORMATION PLEASE VISIT BUSINESS.GOV