Business transfer agreement: sole trader to company
Comprehensive agreement similar to the other business sale
agreements, however, this document provides specifically
for matters which will arise when selling to your own
company
About this document
This is a comprehensive business agreement for the sale of a business by either a company or a limited liability partnership or one or more individuals. If you are looking for company sale agreements, we have them listed on another page within the ‘company’ category.
This business sale agreement is suitable for any individual or company selling or buying a business or enterprise of any type to his own company.
Contents
Terms of the agreement for sale and list of subject matter of sale
Allocation of purchase price, when and how it is to be paid
What happens to complete the transaction
Dealing with counting and hand over of stocks
Responsibility for creditors and debtors
Seller's warranties
Seller's future activities
Mediation of a dispute before court action
Other usual provisions to protect your interest
Word
Count (approximate):
Document: 1600
words
Explanatory notes:
519
words
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.
Business transfer agreement: sole trader to company