LLC Asset Sale Agreement

Why Use Our LLC Asset Sale Agreement Template?

Legally Document Every Part of the Deal

• Attorney-Drafted: Crafted by experienced business lawyers to protect both sides.

• Comprehensive Terms: Covers key details like purchase price, asset descriptions, liabilities, and closing conditions.

• Customizable for Any Deal Size: Works for both small and large asset sales.

Works for LLCs Selling Property, Inventory, or Equipment

• Flexible Structure: Use for real estate, intellectual property, equipment, client lists, or any other business assets.

• Seller Protection: Includes disclaimers, warranties, and indemnity clauses to limit post-sale liability.

• Buyer Clarity: Ensures the buyer knows exactly what they’re getting—and what they’re not.

Simple to Customize and Execute

• Editable Word Format: Customize with buyer/seller names, asset list, payment schedule, and dates.

• Supports Cash or Installment Sales: Include lump sum payments or payment plans.

• Optional Bill of Sale Language: Add a bill of sale within the agreement for closing documentation.

How to Purchase and Use the Asset Sale Agreement

🛒 Step 1: Complete Your Purchase ($35 per Template)

Add the LLC Asset Sale Agreement to your cart and check out securely. You’ll receive the editable Word file instantly by email.

📥 Step 2: Customize for Your Sale

Fill in the names, purchase price, assets being sold, and any special terms.

👥 Step 3: Review with the Other Party

Make sure both buyer and seller understand and agree to all terms.

✍️ Step 4: Sign and Close the Deal

Once finalized, both parties sign the agreement. Retain signed copies for your records and proceed with asset transfer.

🎯 Ready to Finalize Your Asset Sale?

Download the LLC Asset Sale Agreement and complete your transaction with confidence.

Key Features of the LLC Asset Sale Agreement Template

• Asset Description Section: Itemize exactly what’s being sold.

• Purchase Price and Payment Terms: Define how and when payment will be made.

• Closing Conditions: Clarify what must happen before the sale is finalized.

• Warranties and Disclaimers: Protect both buyer and seller from post-sale misunderstandings.

• Indemnification Clauses: Outline responsibility for liabilities before and after the sale.

Benefits of Our Asset Sale Agreement Template

Clear, Legally-Sound Structure

• Avoid Miscommunication: Prevent disputes over what's included or excluded.

• Minimize Risk: Includes legal protections for both parties.

• Document the Sale Professionally: Whether you're selling a few assets or a full business line.

Fast, Affordable, and Flexible

• Ready to Go: Download instantly and fill in your details.

• No Legal Guesswork: Skip the expensive attorney fees for basic deals.

• Reusable Template: Edit and use again for future sales.

Quick Look: LLC Asset Sale Agreement

Frequently Asked Questions

Q: What’s an LLC Asset Sale Agreement used for?

A: It’s used when an LLC sells specific assets—like inventory, equipment, IP, or goodwill—to a buyer, without selling the actual LLC itself.

Q: Can I use this for a partial sale?

A: Yes. It’s ideal for both full and partial asset transfers.

Q: What if we’re using a promissory note?

A: The agreement includes language that can be paired with a promissory note for installment payments.

Q: Is this different from selling the LLC itself?

A: Yes. This agreement is for selling assets only, not the LLC entity or its membership interests.

Q: Should we notarize the agreement?

A: Not required in most cases, but optional notarization language is included for added protection.

Why This Agreement Matters

• Defines the Deal Clearly: No confusion over what’s being sold or paid.

• Protects Both Parties: Warranties, indemnities, and clear terms help avoid post-sale problems.

• Supports Smooth Closings: Get the legal paperwork done and move forward with confidence.

• Works for Any Asset Type: Use across industries—from digital businesses to physical storefronts.