Ask a lawyer
Our On Call attorneys are here for you.
Make your Free Asset Purchase Agreement
When you want to buy something owned by another business—whether it's office supplies, furniture, or even a customer list—use this Purchase Agreement Template to get the terms in writing. If you're... Read more
Recently reviewed by a licensed attorney
This document template was last reviewed by Pearl Rimon, Esq. on 02/16/2021.1
How It Works
Create your document
Answer a few simple questions to make your document in minutes
Save, print & share
Save progress and finish on any device; download & print anytime
Sign & make it legal
Securely sign online and invite others to sign
Making an Asset Purchase Agreement
-
What is an Asset Purchase Agreement?
When you want to buy something owned by another business—whether it's office supplies, furniture, or even a customer list—use this Purchase Agreement Template to get the terms in writing. If you're the seller, you'll want to have a record of the transaction as well as the terms. An Asset Purchase Agreement is the form to use.
Use the Asset Purchase Agreement document if:
- You are ready to purchase the assets of a business and you want to define the terms and conditions upon which the purchase will occur.
- You are selling the assets of your business and need want to define the terms of that sale.
What if you want to sell your company's customer list, but not your business? What if you want to buy another business' real estate or machinery to expand your own company? This Purchase Agreement Template is a contract for the sale and purchase of assets of a company. Those could include tangible assets, such as real estate, furniture or supplies, or intangible assets, such as a customer database or accounts payable, a business name or other intellectual property. Use an Asset Purchase Agreement to detail terms such as purchase price, conditions, and escrow terms. You can also include an inventory of the assets in this agreement. In an Asset Purchase Agreement, both buyer and seller agree to the specific terms.
Other names for this document: Asset Sale and Purchase Agreement
WHY ROCKET LAWYER?
Easy legal documents at your fingertips
Answer a few simple questions to make your document in minutes
Easily customizable
Make unlimited revisions and copies. Sign online. Share and print anytime.
Legal and reliable
Our documents are vetted by lawyers and legal staff, so you can use them with confidence.
Added protection with Document Defense®
If there's a dispute, an On Call attorney can respond on your behalf. Included in your Premium plan.
Try Rocket Lawyer free for 7 days
Make your Premium document today and get back to doing what you love.