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California Purchase and Sale Agreement for Business Property
Sell a business premises (including land) in California with this template Purchase and Sale Agreement for Business Property.
- The sale includes the real estate property, the building, improvements, chattels, equipment, vehicles, inventory and other assets of the business.
- The purchaser agrees to assume an existing business loan secured by the real property. The balance of the loan will be set off against the purchase price.
- The seller will provide a standard CLTA title insurance policy.
- The purchaser may assign its rights under the agreement to a corporate entity in which the purchaser holds an equity interest.
Download: California Purchase and Sale Agreement for Business Property
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