Asset Purchase and Sales Agreements Laws in Massachusetts

The act of acquiring or selling a business involves so much more than a real estate transaction. Asset purchase and sales agreements encompass both the tangible and non-tangible aspects of transferring a business from one owner to another. The business law attorneys at Shapiro Law Group, PC, in Massachusetts are experienced in P&S agreements and are able to handle your asset purchase and sales agreements, and all of the legal services that the process may entail. An asset purchase and sales agreement outlines the specific price of assets and how it will be paid by the purchaser. The agreements also outline the exact assets to be transferred and if there are any warranties. Assets may have to be appraised as part of the process. Other aspects of asset purchase and sales agreements include any liability of debts on those assets. Tax liabilities will also be outlined in the agreement.