What is the Assets Sale Agreement?
An asset sales agreement is prepared to document all the transactions of tangible and intangible goods a company wishes to sell. The agreement marks as a confirmation on the terms & conditions of the agreement as well as the finer aspects of the sale.
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The asset sale agreement is a contract that also explores the purchase conditions, depreciation, escrow terms, price and discounts on the tangible assets. The intangible assets including loans, taxes, goodwill and customer database can further be split to elaborate according to specific requests.
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