A Business Purchase Agreement is a legal contract upon which sellers are supposed to transfer business to buyers according to the terms and conditions specified in the document. The agreement should include the list of assets that are going to be purchased by the buyer. Along with the rights to the business, it can include accounts, real estate, equipment, etc.
This kind of agreement documents the whole process of transferring a business to a buyer, that's why it's necessary to include all of the important items in the contract. Specifying the details is the key to a deal where all parties will be satisfied with the result.
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