Agreement for Sale/Purchase of professional services business, work from home, no stock, no physical assets, no employees, complete on signing; e-commerce facility
Doc
Ref.
EN-CMbs15
With Free Guidance Notes
Drawn by: Net Lawman
Format available:
Word count: 6800
Use this comprehensive agreement to buy a home based business providing professional or personal services: e-commerce facility, menu of suitable warranties.
This is a shorter document, stripped down to cover the requirements of a buyer of home based service provider. It does not cover a retailer of goods, but it does include full e-commerce provisions. It assumes no employees are to be transferred with the sale.
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his.
Note:
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Warranties have been used only so far as appropriate to the subject matter of the sale
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Designed for the deal to be completed on the same day, not at some future time
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Purchase price apportioned among the assets to simplify tax planning
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Comprehensive list of matters to be done before completion and documents to be handed to the buyer
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Provisions to prevent seller setting up in competition
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Explanatory guidance notes in plain English are included
Contents
Interpretation
Agreement for Sale
The Purchase Price
Items to be delivered at completion
Completion
Debtors
Creditors and Liabilities
Value Added Tax
Warranties by the Seller
Future Activities
The Guarantor
Communications
Miscellaneous Matters
Jurisdiction
Warranties
Accounts
Suppliers and Clients
Licences, consents and passwords
Insurance
Joint ventures and partnerships
Statutory restrictions
Litigation
Seller's activities
Contracts
Intellectual property
Internet domain names
General
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
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