About this document
This is a shorter document, stripped down to cover the requirements of a simple business with no e-commerce. It does not cover a retailer of goods. It assumes no employees are to be transferred with the sale.
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his.
Note:
- Warranties have been used only so far as appropriate to the subject matter of the sale.
- Designed for the deal to be completed on the same day, not at some future time;
- List of matters to be done before completion and documents to be handed to the buyer;
- Provisions to prevent seller setting up in competition;
- Explanatory guidance notes in plain English are included.
Contents
- Interpretation
- Agreement for Sale
- The Purchase Price
- Items to be delivered at completion
- Completion
- Debtors and Liabilities
- Tax
- Warranties by the Seller
- Future Activities
- Communications
- Miscellaneous Matters
- Jurisdiction
Warranties
- Accounts
- Suppliers and Clients
- Licences, consents and passwords
- Joint ventures and partnerships
- Statutory restrictions
- Litigation
- Seller's activities
- Contracts
- Intellectual property
- Internet domain names
- General
This document was written by a solicitor for Net Lawman. It complies with current Australian law.
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"I've used Netlawman twice (my business is in Australia) and both times I've found them to be very knowledgeable, patient, and to give considerable thought to the details of the agreements I needed developed.
I will be using them again for a variety of future projects and I highly recommend them for any business looking for high quality, affordable legal document solutions. "Clive Liebmann -
"Dedicated and professional .. the very best service I have ever experienced online."
David Williams -
"Great resource for a small business like ours. Affordable and professional legal documents that would otherwise cost us a bundle."
Garry