Sale of business with real and personal property

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Sale of business, with real and personal property. This agreement is made _________[date] between _________, of _________, seller and _________, _________, and _________, purchasers: Seller, in consideration of $_____ agrees to sell, convey, and guarantee title of the following-described real estate: The _________ store buildings, property with fixtures as is (with truck and truck accessories omitted) situated in the Town of _________, _________. Seller further agrees to sell, convey, and guarantee title, to the following-described stock of merchandise, at present stored in the above-described buildings: stock of general merchandise as is subject to daily sales between the date of this contract and date of inventory, for $_____. The amount of the above merchandise to be transferred shall be determined by an inventory taken jointly by seller and purchasers, to begin on or before _________[date]. All merchandise over and above that mentioned here shall be subject to the removal or disposal of seller within _________ days from completion of this contract. Value of individual articles of above merchandise shall be determined by present replacement value. Purchasers shall have the right to reject any merchandise of the above stock that they may deem unmerchantable. The above stock taken by purchasers shall be subject to a _____% discount. The above consideration shall be paid by the surrender of two promissory notes made by _________ on _________[date] for $_____ and made on _________[date] for $_____ less payments and plus unpaid interest to _________. This agreement is subject to acceptance or rejection of _________.

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