www.idealbusinessqld.com.au
Business Purchase Agreement
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Sellling
Buying
Are you selling or buying the business?
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Sale of Assets
Sale of Shares
How will the business be sold?
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Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
D.C.
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
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Mississippi
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New Hampshire
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North Carolina
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Ohio
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Oregon
Pennsylvania
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Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Nova Scotia
Northwest Territories
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
(AU) Australian Capital Territory
(AU) New South Wales
(AU) Victoria
(AU) Queensland
(AU) Northern Territory
(AU) Western Australia
(AU) South Australia
(AU) Tasmania
(ZA) Gauteng
(ZA) Western Cape
(ZA) Eastern Cape
(ZA) KwaZulu Natal
(ZA) North West
(ZA) Northern Cape
(ZA) Mpumalanga
(ZA) Free State
My State is not listed
Where is the business located?
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What is the name of the business?
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What is the address of the business?
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What is the nature of the business?
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Unincorporated Business
Corporation
Type of business:
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Individual
Corporation
Type of seller:
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Seller's Name:
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Seller's Address
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Individual
Corporation
Type of purchaser:
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Purchaser's Name:
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Purchaser's Address:
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Which assets are to be sold?
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YES
NO
Do you want to list or specify which assets are not included in the sale?
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When is the contract closing date?
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YES
NO
Will a deposit be required?
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Lump sum
Lump sum PLUS promissory note
Promissory note
How will payment be made?
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Non-competition clause
Non-solicitation clause
Confidentiality clause
Statement of environmental compliance
Which clauses and warranties do you want to include?
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YES
NO
Does the seller have additional representations and warranties?
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YES
NO
Does the purchaser have additional representations and warranties?
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Do not include in contract
Officer certificate
Legal opinion
How do you want the seller to prove their representations are true?
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Do not include in contract
Officer certificate
Legal opinion
How do you want the purchaser to prove their representations are true?
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No
Yes, list assumed liabilities
Will the purchaser assume any of the liability of the seller?
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YES
NO
Do you want to include additional conditions the seller must fulfill before the closing date?
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YES
NO
Do you want to include additional conditions the purchaser must fufill before the closing date?
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YES
NO
Do you want to include any additional clauses?
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Unsure
Specify date
When will you sign the agreement?
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YES
NO
Will the signatures be witnessed;
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