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Asset purchase agreement
templateCovers a sale of specific business assets — equipment, inventory, customer contracts, intellectual property — rather than the legal entity itself. The buyer typically doesn't inherit the seller's existing liabilities the way a stock/equity purchase can, which is a major reason deals get structured this way.
Good fit for
- +Buying or selling specific assets of a business (equipment, inventory, contracts, IP) without transferring the company entity itself
- +A buyer wanting to avoid inheriting the seller's existing liabilities and debts
Not ideal for
- −Deals where the buyer specifically wants the legal entity itself (its licenses, contracts-in-place, or tax history) — use the equity purchase agreement for that
- −Real estate as the primary asset — use the real estate purchase agreement instead
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3 short steps, autosaved as you go, exportable as a PDF at the end.
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