Transfer Of Business Ownership Agreement Template

You can open the Transfer Of Business Ownership Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Transfer Of Business Ownership Agreement Template

Printable | Editable Form




Transfer Of Business Ownership Agreement Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This document serves to formalize the agreement for the transfer of business ownership dated [Contract Date], concerning the sale of [Business Name].
Clause 1: Description of the Business
The Seller agrees to transfer all rights, title, and interest in the business known as [Business Name], including assets, liabilities, and goodwill.
Clause 2: Purchase Price
The Buyer agrees to pay the Seller a total purchase price of [Amount], to be paid in the following manner: [Specify payment terms].
Clause 3: Effective Date
The transfer of ownership will become effective as of [Effective Date], upon the completion of all payment obligations.
Clause 4: Warranties and Representations
The Seller warrants that they have clear title to the business and that the business is in good standing under applicable laws and regulations.
Clause 5: Indemnification
The Seller agrees to indemnify and hold harmless the Buyer from any claims arising from the Seller’s ownership of the business prior to the Effective Date.
Clause 6: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Transfer Of Business Ownership Agreement Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This agreement is established to outline the terms under which the Buyer will acquire ownership of [Business Name] from the Seller on [Contract Date].
Clause 1: Assets Included
The transaction includes all physical and intangible assets of the business, including but not limited to, [Specify assets].
Clause 2: Payment Terms
The total purchase price of [Amount] will be paid as follows: [Detail payment schedule and method].
Clause 3: Conditions Precedent
The obligations of the parties are contingent upon the satisfaction of the following conditions: [List conditions].
Clause 4: Confidentiality Agreement
Both parties agree to keep all information regarding the transaction confidential, except as required by law.
Clause 5: Miscellaneous Provisions
This Agreement constitutes the entire agreement between the parties and supersedes any prior understanding regarding the transfer of ownership.
Clause 6: Dispute Resolution
Any disputes arising from this agreement will be resolved through mediation and, if necessary, arbitration in accordance with the rules of [Arbitration Institution].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Form

Please complete the form below to create the Transfer Of Business Ownership Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Transfer Of Business Ownership Agreement Template

1. Seller Information


2. Buyer Information


3. Business Information


4. Agreement Details


5. Terms and Conditions of the Transfer

6. Representations and Warranties

7. Indemnification Clause

8. Governing Law

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Transfer Of Business Ownership Agreement Template

Printable | Editable Form




Transfer Of Business Ownership Agreement Template