Sell Your Assets with Our Sale Agreement Template
Good new for business owners all over the world, we are releasing our collection of sale agreement template. Remember that our templates are completely free, if you find our templates on another website and charge you for money, don’t pay them. Everyone can simply download, edit, and print our templates anytime and anywhere.
Writing a sale agreement requires a deep knowledge in the legal process of buying or selling assets and it’s not uncommon for some to make a mistake or two. This is why we think that it’s necessary to release our own sale agreement template collection to the public. Also, in this article we’re going to talk about a sale agreement, you can find the templates below.
The definition of sale agreement is simple enough, it’s an agreement between a buyer and a seller of real estate property, company stock, or any other assets. In the process of transaction, the person or company or other legal entity acquitting, receiving, and purchasing the asset is referred to as the buyer and entity disposing, selling, and conveying the assets is referred to as the seller.
For the process of transaction to be more secure, there may be some other documents need to be written and recorded in the public records, such as an assignment, deed of trust, or farmout agreement. it’s very common to use a sale agreement for the sale of a real estate property. But it’s not limited to just that, it can also be used to sell large amounts of material to the consumer or distributors or when selling a business to another business.
To sum it up, these are the reasons why a sale agreement is necessary:
- To enable the negotiation process between the buyer and the seller.
- Helps the buyer and the seller to agree and document a fair price.
- Dictates the terms of sale to keep one party playing dirty.
- Contains and records all the important information about both the buyer and the seller.
There are a few things need to be mentioned in the agreement, such as: legal name and address of both parties, definitions for terms that are used within the document, the price of the asset being sold, type of payment (cash, financing, shares, etc.) and many more.
Feel free to consult our sale agreement template to make the negotiation process much easier.