Sale of Business Agreement on Vendor terms

When buyers are having difficulty borrowing money from the banks, vendor finance is an option that facilitates the sale of a business and allows the seller to achieve their price, even though a part will be paid after completion.

Use this Sale of Business on Vendor Terms Contract template when buying or selling an established business, where the Vendor agrees to allow the buyer to pay part of the purchase price with the balance payable over time.

This comprehensive Contract for Sale of Business includes provisions that specifically deal with the goodwill of the business, the business name, stock in trade, business assets, GST (goods and services tax), restraints of trade, leases, employees, security over the business assets and much more.

The vendor retains effective possession and control of the Business and the Assets until such time as the whole of the purchase price is paid.

Document Provisions

Definitions And Interpretation Sale And Purchase Vendor's Debts Payment Of Deposit Balance Of Purchase Price Assignment Stock Valuation Goods And Services Tax Running Of The Business Before Completion.. Completion Action After Completion Restraints Of Trade Employees Debts And Liabilities

Contracts And Leases Apportionment Warranties Disclosure Of Facts Rendering Warranty Incorrect Guarantee For Vendor's Obligations Guarantee For Purchaser's Obligations Confidentiality Costs And Stamp Duty Dispute Resolution Default By Vendor Default By Purchaser General Provisions Notices Governing Law

Document Sample - click image to view larger

The Kit Includes

• Sale of Business on Vendors Terms Agreement
• Victoria Only - Section 52 Vendor Statement
• Users Guide
• Bonus - Contract Preparation Hints and Tips (PDF)

Purchase Details

Our fully secured ecommerce system allows you to purchase and download your Agreement safely. In just a few minutes you can have everything you need to protect the interests of all the parties involved.

• Immediate Download
• AU $159.95
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BONUS BOOK INCLUDED WITH THIS AGREEMENT - Our "Contract Preparation Tips, Hints & Secrets" pdf publication (A $97 VALUE!). It shows you how to properly cover important legal requirements and how to complete an agreement in detail. It also contains numerous alternative legal clauses and provisions that you can use with this and other agreements. Click here to read more about the book.