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General Form of Agreement for Sale of Business by Sole Proprietor Asset Purchase Agreement

General Form of Agreement for Sale of Business by Sole Proprietor Asset Purchase Agreement

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today in part four of my series on buying and selling businesses we are going to talk about the long-form asset purchase agreement that most letters of intent are contingent upon and what all terms are going to be in the asset purchase agreement that you're gonna have to negotiate before you close on your deal let's do it when it comes to long-form asset purchase agreements remember this is you've nailed in the loi terms you've got your material terms agreed upon now you're going to drop those terms in the long form agreement but there's all these other things you have to have all this legal mumbo jumbo that ends up being super necessary making things a lot easier in the future by solving problems for you just by having clear communication because every single scenario will be addressed in a good contract and that's going to help you avoid litigation okay the six terms the six key parts six key pieces of asset purchase agreements

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