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Simple purchase agreement template prepared for:. Web a business purchase agreement is a contract that formalizes the transfer of ownership of a business from a seller to a buyer. On the terms and subject to the conditions set forth in this agreement, the seller agrees to sell, assign, transfer, convey and deliver to the buyer, and the buyer. Web an asset purchase agreement, or “ apa ,” is a legal document that allows a business to sell its tangible or intangible property to another party (“buyer”).

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Updated June 12, 2023 | Legally Reviewed By Brooke.

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