Online trading business sale agreement

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Document overview

Use this comprehensive agreement to buy a home based Internet trading business selling goods of any description: no unnecessary verbiage, menu of suitable warranties.
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  • England & Wales
  • Scotland
Document propertied
Document properties
  • Length:17 pages (6200 words)
  • Available in:
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About this document

This is a shorter document, stripped down to cover the requirements of a buyer of a small or home based online trading business selling good or goods and services online.

This agreement covers full e-commerce provisions. It assumes no real property and 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 or hers.

Note:

  • Warranties have been used only so far as appropriate to the purchase of small or home based online trading business selling goods or services (or both).
  • Purchase price apportioned among the assets to simplify tax planning
  • Comprehensive list of matters to be done before completion and documents to be handed to the buyer
  • Provisions to prevent seller setting up in competition
  • 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

  • Assets
  • Stocks
  • Accounts
  • Suppliers and customers
  • Licences, consents and passwords
  • Insurance
  • Joint ventures and partnerships
  • Statutory restrictions
  • Litigation
  • Seller's activities
  • Contracts
  • Defective products and service liabilities
  • Intellectual property
  • Internet domain names
Sample online trading business sale agreementSample page from the home based trading business sale agreement
Click to View Sample

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Recent reviews

Great Service
05 September 2021
It was fit for my purpose. Required plenty of editing, as expected, to suit my circumstances, but it gave me the subjects and wording I needed to get started. Some sections I was able to leave as is, some deleted completely. It did the trick, signed agreement, company sold, and hopefully all bases covered for both parties - a fair agreement.
Kristi Drain
Review of the New Zealand version
Great Service
03 December 2018
Comprehensive, easy to understand and to tailor to suit.
Rosa Wakefield
Review of the New Zealand version
Great Service
17 November 2018
I decide to use Net Lawman due to good reviews and the fact that your company is local to me. The communication has been quick and informative. The form that I bought is very comprehensive and easy to understand, unlike most legal documents. I would definitely recommend Net Lawman.
Lynn Ottaviano
Read all 5 reviews

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