Business transfer agreement

Incorporation of a sole trader or partnership to a company
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Document overview

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
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Document properties
  • Length:8 pages (1600 words)
  • Available in:
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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.

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
Sample business transfer agreementFront cover

Recent reviews

Helpful But Lacking Some Info
15 September 2019
Very easy to use and very well designed service. I would however have liked to get more info regarding the application of the documents before having to buy. The agreement I downloaded was for the sale of a sole prop to a PTY LTD company where the deal was not at arms length - but this only became clear after the doc was downloaded. The doc was ideal for the purpose but could have just as well have been the other way around and that would have been frustrating of note.
Gert Koegelenberg
Review of the South African version
Good
27 May 2019
Good
Jono Rees
Review of the New Zealand version

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