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THIS AGREEMENT made in duplicate the day of ___, 20.BETWEEN: THE MUNICIPAL CORPORATION OF THE CITY OF YELLOWKNIFE (the City\”) OF THE FIRST PART and XXX (the \” Purchaser\”) OF THE SECOND PART

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How to fill out purchase of business agreement

01

Review the terms of the agreement including the purchase price, payment terms, and any conditions of the sale.

02

Gather all necessary information such as the names of the parties involved, the description of the business being sold, and any warranties or representations.

03

Complete the agreement by filling in all required fields and ensuring that both parties sign and date the document.

04

Consider having the agreement reviewed by a legal professional to ensure all necessary components are included and that it is legally enforceable.

05

Keep a copy of the agreement for your records and provide a copy to the other party involved.

Who needs purchase of business agreement?

01

Individuals looking to buy or sell a business.

02

Business owners looking to transfer ownership of their business.

03

Legal professionals assisting in the sale of a business.

04

Financial institutions providing funding for the purchase of a business.

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What is purchase of business agreement?

A purchase of business agreement is a legal document that outlines the terms and conditions for the sale of a business from one party to another.

Who is required to file purchase of business agreement?

Both the buyer and seller of a business are typically required to file a purchase of business agreement.

How to fill out purchase of business agreement?

To fill out a purchase of business agreement, you will need to include details such as the purchase price, payment terms, inventory included, and any other relevant information about the sale.

What is the purpose of purchase of business agreement?

The purpose of a purchase of business agreement is to clearly define the terms of the sale and protect the interests of both the buyer and seller.

What information must be reported on purchase of business agreement?

Information that must be reported on a purchase of business agreement includes details about the parties involved, the sale price, payment terms, and any assets or liabilities being transferred.

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