Sale agreement: building & construction business

Business purchase agreement for property industry sales and service business, many options including transfer of freehold or leasehold property.
Suitable for use in: England & Wales and Scotland
£94.80 inc VAT ( £79 ex VAT )
  • Solicitor approved
  • Plain English makes editing easy
  • Guidance notes included
  • Money back guarantee
About
Preview
Why from us
Ask a question

About this document

This is a comprehensive agreement for the purchase/sale of a business by an individual, a company or any other organisation.

Note: not suitable for sale of shares in a company. For a company sale, See our Company sale agreements section.

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 providing the first draft.

Warranties have been used only so far as appropriate to the subject matter of the sale. The drafting notes contain a thorough explanation of how warranties work.

Complications arise if the purchase money is not paid over to the seller at the same moment as other matters are finalised. This and other Net Lawman documents assume that most matters will be completed when the cash is paid. There are a few inevitable exceptions, particularly when relying on a third party such as a web host or domain name registrar. If it is inevitable that some matters remain to be done later than the date of completion, you should use our drafting service to draw the fine points for you.

The purchase price may be apportioned among the assets to assist in tax planning.

Contents

  • Interpretation
  • Agreement for Sale
  • The Purchase Price
  • Items to be delivered at completion
  • Completion
  • Stocks
  • Debtors
  • Creditors and Liabilities
  • Value Added Tax
  • Warranties by the Seller
  • Future Activities
  • The Guarantor
  • Communications
  • Miscellaneous Matters
  • Jurisdiction

Warranties covering

  • Assets
  • Stocks
  • Accounts
  • Employees
  • Suppliers and customers
  • Licences, consents and passwords
  • Insurance
  • Joint ventures and partnerships
  • Statutory restrictions
  • Litigation
  • Seller’s activities
  • Contracts
  • Defective products and service liabilities
  • Properties
  • Leasehold properties
  • Intellectual property
  • Internet domain names
Draftsman

This document was written by a solicitor for Net Lawman. It complies with current English law.

What Our Clients Say
  • "I was really pleased with my recent experience of using Net Lawman. I was able to obtain important legal documents, needed to support my small business. Net Lawman understood my needs and provided fast and efficient service without incurring the significant costs of a traditional law firm. I would both recommend and use Net lawman again"

    Shireen Arthur
  • "I have been really impressed by your service and will use your company again, and more importantly, recommend it."

    Sandra
  • "I have used netlawman for over 3 years, and have always found the legal agreements I need are excellent, for my own company and my clients. Their prices are lower than most, and their website is really easy to use. I would recommend them to everyone."

    Apex Accountancy & Tax Services Ltd.