Agreement for Sale of Business - Sole Proprietorship - Asset Purchase

A sole proprietorship is a business which is owned by one person who is ultimately responsible for the final obligations of the business. This agreement allows a sole proprietor to sell his/her business according to the price and terms listed within the contract. Provisions included in this agreement are: assumption of liabilities, modification, and adjustments at closing. The agreement also includes attachments which detail assets and encumbrances. (more...)