Business transfer agreement

Incorporation of a sole trader or partnership to a company
2 reviews
C$79.00
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Comprehensive agreement similar to the other business sale agreements, however, this document provides specifically for matters which will arise when selling to your own company.
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Compliant with the latest law in
  • AB
  • BC
  • MB
  • ON
  • SK
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Document properties
  • Length:10 pages (2800 words)
  • Available in:
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About this document

This business sale agreement is suitable for any individual or company selling or buying a business or enterprise of any type to his own company. This document is designed to cover virtually all the eventualities which will be important in a business sale and purchase.

This is a very comprehensive document, but as always with Net Lawman documents, you can reduce it easily to the exact terms you need.

The law in this document

Transfer of business as going concern is not a taxable supply. So, there is a relief from GST/HST if the business is sold as going concern.

Key features

  • Professionally drawn, tough law
  • Easy to edit (as always with Net Lawman documents)
  • Thorough coverage of legal areas
  • Practical, alternative business provisions
  • No requirement for you to be your own lawyer

Contents

  • Definitions
  • Interpretation
  • Agreement for Sale
  • The Purchase Price
  • Items to be delivered at Completion
  • Completion
  • Stocks and debtors
  • Creditors and Liabilities
  • Goods and Services Tax (GST)
  • Future Activities
  • Miscellaneous matter
Reviews of this document
4.5 out of 5 stars
2 Reviews
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4 star
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3 star
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1 star
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Recent reviews
15 September 2019
Very easy to use and very well designed service. I would however have liked to get more info regarding the application of the documents before having to buy. The agreement I downloaded was for the sale of a sole prop to a PTY LTD company where the deal was not at arms length - but this only became clear after the doc was downloaded. The doc was ideal for the purpose but could have just as well have been the other way around and that would have been frustrating of note.
Gert Koegelenberg
Review of the South African version
27 May 2019
Good
Jono Rees
Review of the New Zealand version
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