Model Format of Bill of Sale for Assets of a Business

Model Format of Bill of Sale for Assets of a Business

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Bill of Sale for Assets of a Business
Bill of Sale for Assets of a Business

This is an agreement between:_______,transferor(s), and , a
corporation.
In return for the issuance of shares of stock of the corporation, transferor(s) hereby sell(s), assign(s), and transfer(s) to the corporation all right, title, and interest in the following property: All the tangible assets listed on the balance sheet attached to this Bill of Sale and all stock in trade, goodwill, leasehold interests, trade names, and other intangible assets [except of , located at ].
In return for the transfer of the above property to it, the corporation hereby agrees to assume, pay, and discharge all debts, duties, and obligations listed on the balance sheet
attached to this Bill of Sale [except _
.] The corporation agrees to indemnify and hold the transferor(s) and their property free from any liability for any such debt, duty, or obligation and from any suits, actions, or legal proceedings brought to enforce or collect any such debt, duty, or obligation….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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