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Pennsylvania Bill of Sale of Business

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This Bill of Sale of Business is a written instrument between two parties, where one party (either an individual or corporate entity) is selling a business and the other party is purchasing the business. The bill of sale is the document that evidences the transfer of title to the business from the seller to the buyer. The form contains both standard clauses and, opportunities for the use of optional terms, and conditions making it fully customizable to fit the needs of the contracting parties. This document should be used by individuals or entities located in Pennsylvania when selling or purchasing a business.

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									Bill of Sale of Business
ocstoc Legal Agreements




                          This Bill of Sale of Business can be used by an Individual or Corporate
                          Seller. This Bill of Sale may include anything tangible and intangible that is
                          considered part of business, including all licenses, processes, designs,
                          formulas, computer programs, computer software packages, trade secrets,
                          product manufacturing instructions etc.




                             ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED
                             WARRANTY, INCLUDING AS TO LEGAL EFFECT OR COMPLETENESS. They are for guidance and should be
                             modified by you or your attorney to meet your specific needs and the laws of your state. Use at your own
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                             Entire document © Docstoc, Inc., 2010, 2011
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                                                                                               Attorney Drafted
                                BILL OF SALE OF BUSINESS

   For good and sufficient consideration of ________ ($___) [Instruction: Insert the
   consideration amount, e.g., fifty dollars ($50)], receipt of which is hereby acknowledged,
   the undersigned ___________________________ [Instruction: Insert the name of seller]
   (hereinafter referred to as the “Seller”) hereby sells, transfers and conveys to
   ___________________________ [Instruction: Insert the name of buyer] (hereinafter
   referred to as the “Buyer”):

   1. All and singular, the goods and chattels, property and effects, listed in Exhibit-A

       attached hereto, which is incorporated herein and made a part hereof; and

   2. The whole of the goodwill of the ___________________________ [Instruction:

       Insert the nature of business] business formerly operated by the Seller, which is the
       subject of this sale.

   The Seller warrants that said goods and chattels are free and clear of all encumbrances,
   which the Seller has full right and title to sell the same, and that Seller will defend the same
   against the claims and demands of all persons.

   The Seller hereby warrants and covenants that the Seller shall not within _____ (___) [◊
   Instruction: Insert the number of years, e.g., two (2)] years of the date of this instrument,
   engage in ____________________ [Instruction: Insert the nature of business] business
   within Pennsylvania.

   Dated: ____ [Month] ____ [Date], 20____ [Year].

   ___________________________________ _____________________________________

   Signature of Seller                              Signature of Buyer




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                                              Exhibit A

                                  GOODS AND/OR PROPERTY




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Note: Carefully read and follow the Instructions and Comments contained in this document for
your customization to suit your specific circumstances and requirements. You will want to
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