Sale of Business Contract
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Product Description
Sale of Business Contract
A Sale of Business Contract is where one party (the seller) wants to sell their business to another party (the buyer).
In the event that the sale and purchase of the business includes the buyer purchasing real estate or taking over a lease then we recommend that legal advice be sought.
A Contract for Sale of Business up to date with recent changes in commercial leasing and other legislation affecting the 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
- Price
- Finance
- GST
- Title and risk
- Continuation of business
- Work orders
Vendor assistance - Access to records and copies
- Completion
- Stock
- Adjustments
- Creditors
- Debtors
- Transfer of premises lease
- New lease
Transfer of franchise - Lease and hire agreements
- Business agreements and arrangements
- Employees
- Superannuation
- Restraint
- Vendor Warranties
- Warranties of the purchaser
- Limits on warranties
- Notice to complete
- Guarantees
- Termination of contract
- Disputes
- General Provisions
- List of Annexures
21 pages long.
Buy Sale of Business Contract once use it as many times as you like.
Incudes GST
Suitable for Use
Pages
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All legal precedents sold on this site are available for immediate use and have been drafted by practicing lawyers and kept up to date with changes in the law.