Asset Sale Agreement


An asset sale agreement is an official document prepared when an individual or an organization sells one of their assets to another individual or an organization. The agreement includes the type of asset that is being sold to the buyer and also the total valuation of the asset.

Sample Asset Sale Agreement

This agreement is made as on the date of 14th of February, 2011 between Jenny Rooster and Tim Cock for the transfer of shares owned by Jenny Rooster to Tim Cock. The details of both the parties are as follows:

Details of the seller:

Office Address: 85 Kendall High Road,

Sin City, Los Angeles 8541

Telephone number: +41-89745612

Email id: jen@gmul.com

Details of the buyer:

Office Address: 85 Aspen High Road,

Sin City, Los Angeles 8525

Telephone number: +41-89745674

Email id: tim@amul.com

The terms and conditions of the agreement are as follows:

  1. The seller has agreed to transfer shares worth current market value of $200000.
  2. The buyer has to pay the total amount of the asset in two equal installments.
  3. The seller is not responsible for reduction in share price in future due to depression in the market.

Find the signatures of both the parties below:

Signature:                                                                                  Signature:

Jenny Rooster                                                                             Tim Cock

Category: Sales Agreements

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