Asset Purchase or Sale

An asset purchase agreement is a contract. There may be numerous terms finalized in an asset purchase agreement. Selling a business is detailed and time-consuming endeavor. Certain asset transfers such as the transfer of intellectual property rights or real property can make a purchase agreement more complicated. 

There are two issues which must be considered upfront:  

  • What specifically is being bought and sold? 
  • Is this an asset sale or stock purchase?

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