A well-crafted purchase and sale agreement (PSA) is essential for any business transaction. A clear, complete purchase and sales contract will protect your rights as a buyer or seller by preventing delays, misunderstandings, and potential disputes.
Whether you are negotiating assets, real estate, products, services, or your business itself, an experienced attorney from McFarland Ritter can help you draft, negotiate, and review PSAs to help you confidently navigate successful business transactions.
Purchase and sale agreements (PSAs) are contracts that clearly identify the “who, what, where, when, and how” of your transaction.
This includes:
Parties Involved:
Full legal names of the individuals or organizations who are buying and selling, along with contact information for all parties.
Subject of the Sale:
A detailed description of the products, assets, businesses, or services being transferred, along with pricing and included warranties. Clearly defined, legally binding terms are crucial to avoid confusion.
The location of delivery (if applicable), the source of payment (stocks, financing, or cash), and the closing date for transfer of ownership.
Procedures for addressing disagreements between parties.
Breach of Contract:
Penalties for violating the agreement’s terms.
Don’t settle for generic sales agreement forms. More often than not, important details will fall between the cracks in do-it-yourself situations. Our experienced attorneys will protect your interests from consultation through the negotiation process and closing.
We help mitigate risks by identifying and addressing potential issues preemptively and guide you through a streamlined transaction. Contact McFarland Ritter online to schedule a consultation.