Acquisition

Customized Agreements

Business Purchase Agreement

Document a stated business or ownership-interest acquisition with buyer and seller facts, target entity, transferred interest, price, payment, closing conditions, representations, covenants, post-closing obligations, and transaction-specific liability treatment without substituting an asset sale.

Also called: business acquisition agreement, ownership interest purchase agreement.

Business Purchase Agreement document preview

What you walk away with

A clean multi-page PDF and DOCX after you finish — not a web-form dump. Preview the document before you pay.

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  • DOCX export
  • E-sign included
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Choose the state where the document will be used. The state page shows the maintained coverage level, local-rule limits, and a builder link with the canonical state code already selected.

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When this fits

Use this document when…

  • Business acquisitions
  • Ownership-interest transfers
  • Definitive transaction terms
  • Closing a stated business transaction

Before you start

Information you will need

  • Buyer, seller, and target business
  • Ownership interest
  • Price and payment
  • Closing conditions
  • Representations and covenants

What you receive

  • Completed Business Purchase Agreement in PDF format
  • Editable DOCX agreement
  • Electronic-signature-ready signature blocks
  • Ownership-interest transaction structure

Document questions

Questions about this document

What is a Business Purchase Agreement?

Document a stated business or ownership-interest acquisition with buyer and seller facts, target entity, transferred interest, price, payment, closing conditions, representations, covenants, post-closing obligations, and transaction-specific liability treatment without substituting an asset sale.

How do I create a Business Purchase Agreement?

Business acquisitions; Ownership-interest transfers; Definitive transaction terms

What should a Business Purchase Agreement include?

Buyer, seller, and target business; Ownership interest; Price and payment; Closing conditions; Representations and covenants

Special situations

  • Only selected assets are being transferred
  • Tax, securities, or legal diligence requires professional advice
  • The ownership interest or target entity needs legal verification

Frequently asked questions

Is this an asset purchase agreement?

No. The workflow identifies the business or ownership interest being transferred and does not substitute a selected-asset purchase.

What interest is transferred?

The completed document states the customer-selected ownership interest.

What is the target?

The target business or entity is identified as a transaction fact.

Does this decide tax?

No. Tax questions require professional review.

Is legal review included?

No. Review with counsel of your choice.

Related documents

Not legal advice

Locke Direct helps structure documents and workflows. It does not replace a qualified lawyer for complex, unusual, or high-risk situations.

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Last reviewed August 31, 2026.