Business sale agreement

Any business
12 Reviews
Select support levelCompare
Recommended

Document overview

Business sale agreement; modern, full version; inc transfer of leasehold or freehold property; with stock, e-commerce facility, menu of 120 warranties; suitable almost any type of business.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:26 pages (7800 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

email
Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

About this document

This is a comprehensive agreement for the sale of a business by an individual, a company or any other organisation.

Note: not suitable for sale of shares in a company. For a company sale, see Company sale agreements section.

This document is our most comprehensive version. Before you select it, you might consider the alternative versions, already tailored to the most common business uses.

It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by providing the first draft.

Warranties have been used only so far as appropriate to the subject matter of the sale. The drafting notes contain a thorough explanation of how warranties work.

Complications arise if the purchase money is not paid over to the seller at the same moment as other matters are finalised. This and other Net Lawman documents assume that most matters will be completed when the cash is paid. There are a few inevitable exceptions, particularly when relying on a third party such as a web host or domain name registrar. If it is inevitable that some matters remain to be done later than the date of completion, you should use our drafting service to draw the fine points for you.

The purchase price may be apportioned among the assets to assist in tax planning.

As a buyer, you will probably be buying the property or at least taking over a lease. Many of these agreements include a transfer of a lease and / or an agreement to buy a freehold.

We give you more information about these procedures in the drafting notes that come with each document.

Contents

  • Interpretation
  • Agreement for Sale
  • The Purchase Price
  • Items to be delivered at completion
  • Completion
  • Stocks
  • Debtors
  • Creditors and Liabilities
  • Value Added Tax
  • Warranties by the Seller
  • Future Activities
  • The Guarantor
  • Communications
  • Miscellaneous Matters
  • Jurisdiction

Warranties covering

  • Assets
  • Stocks
  • Accounts
  • Employees
  • Suppliers and customers
  • Licences, consents and passwords
  • Insurance
  • Joint ventures and partnerships
  • Statutory restrictions
  • Litigation
  • Seller’s activities
  • Contracts
  • Defective products and service liabilities
  • roperties
  • Leasehold properties
  • Freehold properties
  • Intellectual property
  • Internet domain names
Sample business sale agreementFront cover
Click to View Sample

Recent reviews

Great Service
25 March 2023
Net Lawman recently helped with a business purchase agreement. They took the time to write the agreement with the exact specifications that were needed within a 2 day timeframe.
I 100% recommend!
Sheree
Sheree Munro
Great Service
16 August 2022
Comprehensive, easy to use, and excellent customer service when I needed the document in another format. Very helpful instructions on completing it correctly, too.
Michael Darby
Great Service
17 February 2021
Thank you very much, you have been fantastic to deal with. I would recommend you to anyone and when I need help with another Business Agreement in the future I will be more than happy to use your service again.
Shane Robertson
Review of the Australian version
Read all 12 reviews

Choose the level of support you need

Document Only

Complete the document template yourself using our guidance notes
R999.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
Recommended

Lawyer Assist

Support from our legal team during and after editing
193 Reviews
R4,998.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
  • okUnlimited email support - ask our legal team any question related to completing the document
  • ok
    Review of your edited document by our legal team including:
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign
© 2000 - 2024 Net Lawman Limited.
All rights reserved