51Ƶ

Buy Sell Purchase Agreement for the United States

Buy Sell Purchase Agreement Template for United States

A Buy Sell Purchase Agreement is a legally binding contract used in the United States that documents the terms and conditions of a sale transaction between a buyer and seller. It outlines the specific details of the purchase, including price, payment terms, warranties, representations, and conditions of sale. This agreement is governed by state-specific contract laws and the Uniform Commercial Code, providing legal protection for both parties and establishing clear expectations for the transaction.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Buy Sell Purchase Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Buy Sell Purchase Agreement?

The Buy Sell Purchase Agreement serves as a fundamental document in U.S. commercial transactions, essential for protecting both buyers' and sellers' interests in sale transactions. This agreement is commonly used when transferring ownership of assets, businesses, or property, and must comply with both federal and state-specific regulations. It typically includes detailed descriptions of the asset(s) being sold, purchase price, payment terms, representations and warranties, and closing conditions. The agreement's structure and content may vary depending on the transaction's complexity and the specific requirements of the applicable state jurisdiction.

What sections should be included in a Buy Sell Purchase Agreement?

1. Parties: Identification and details of buyer and seller

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Purchase Price and Payment Terms: Amount, payment schedule, and method of payment

5. Description of Assets/Goods: Detailed description of items being sold

6. Closing and Delivery: Terms of transfer and completion

7. Representations and Warranties: Statements of fact and promises by both parties

8. Governing Law: Jurisdiction and applicable law

What sections are optional to include in a Buy Sell Purchase Agreement?

1. Due Diligence: Used when buyer needs to investigate assets/business - appropriate for complex transactions or business sales

2. Financing Contingencies: Terms related to obtaining financing - used when purchase depends on securing funding

3. Environmental Matters: Environmental compliance and liability provisions - used for real estate or business involving environmental risks

4. Employee Matters: Treatment of employees in transaction - used in business sales involving employees

What schedules should be included in a Buy Sell Purchase Agreement?

1. Asset Schedule: Detailed list of assets being transferred

2. Disclosure Schedule: Exceptions to representations and warranties

3. Bill of Sale: Form of transfer document

4. Due Diligence Checklist: List of items to be reviewed

5. Payment Schedule: Detailed payment terms if installment payments are involved

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Cost

Free to use
Clauses




















Industries

Uniform Commercial Code (UCC): Primary framework governing commercial transactions in the US, particularly Article 2 (sale of goods) and Article 9 (secured transactions)

State-Specific Contract Laws: Local state requirements for contract formation, statute of frauds, and state-level consumer protection regulations

Federal Laws: Federal Trade Commission regulations, consumer protection laws, Magnuson-Moss Warranty Act, and Truth in Lending Act requirements

Tax Considerations: Internal Revenue Code compliance, state and local tax regulations, and sales tax requirements

Property Laws: State property transfer laws, title requirements, and recording requirements for property transactions

Industry-Specific Regulations: Sector-specific compliance requirements including securities laws where applicable

Environmental Regulations: EPA requirements and state environmental regulations affecting the transaction

Antitrust Laws: Sherman Act, Clayton Act, and Federal Trade Commission Act considerations for competition and fair trade

Electronic Signatures: E-SIGN Act and Uniform Electronic Transactions Act (UETA) requirements for digital contract execution

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Private Party Boat Purchase Agreement

A legal agreement for the private sale of watercraft in the United States, outlining terms of sale and transfer of ownership.

find out more

Standard Residential Purchase Agreement

A legally binding agreement for residential property sales in the United States, outlining terms and conditions of the transaction.

find out more

Simple Aircraft Purchase Agreement

A U.S.-governed agreement for the sale and purchase of aircraft, complying with FAA regulations and federal transportation laws.

find out more

Residential Buy Sell Agreement

A legally binding U.S. contract governing the purchase and sale of residential property, compliant with federal and state laws.

find out more

Vacant Land Real Estate Contract

A U.S. legal agreement for the purchase and sale of undeveloped property, governing the terms and conditions of the land transaction.

find out more

Used Motor Vehicle Purchase Contract

A U.S.-governed contract documenting the sale and purchase of a used motor vehicle, including terms of sale and transfer of ownership.

find out more

Standard Buyer Seller Agreement

A U.S.-governed agreement establishing terms and conditions between buyers and sellers for commercial transactions.

find out more

Single Family Purchase And Sales Agreement

A U.S. legal agreement governing the purchase and sale of single-family residential properties.

find out more

Residential Lot Purchase Agreement

A U.S. legal agreement for the purchase and sale of undeveloped residential land, outlining transaction terms and conditions.

find out more

Real Estate Contract To Sell A House

A legally binding agreement for the sale of residential property in the United States, complying with federal and state real estate laws.

find out more

Property Sales Contract Between Seller And Buyer Form

A legally binding U.S. agreement for the transfer of real property between seller and buyer, compliant with federal and state real estate laws.

find out more

Buy Sell Purchase Agreement

A U.S.-governed legal agreement documenting the terms and conditions of a sale transaction between buyer and seller.

find out more

As Is Sales Agreement Car

A U.S. legal document for the sale of a used vehicle in its current condition without warranties.

find out more

Agreement For Selling Property

A US-compliant legal agreement governing the sale and transfer of real property between parties.

find out more

For Sale By Owner Buy Sell Agreement

A legal agreement for direct property sales between owners and buyers in the United States, without real estate agent involvement.

find out more

Generic Purchase And Sale Agreement

A U.S.-governed agreement that formalizes the transfer of goods or property between a seller and buyer, outlining key terms and conditions of the sale.

find out more

Contract To Buy And Sell Real Estate Residential

A U.S.-compliant legal agreement for the purchase and sale of residential real estate property, outlining terms and conditions of the transaction.

find out more

Agreement To Buy And Sell Real Estate Residential

A U.S. legal contract governing the purchase and sale of residential real estate, outlining terms, conditions, and obligations of buyers and sellers.

find out more

Home Purchase Sales Contract

A legally binding agreement for residential property sales in the United States, outlining purchase terms and conditions.

find out more

Bill Of Sale Asset Purchase

A U.S. legal document that records the transfer of ownership of assets from seller to buyer, conforming to state and federal regulations.

find out more

Standard House Purchase Contract

A legally binding agreement used in the United States for residential property sales, outlining terms and conditions of the transaction.

find out more

Short Form Purchase And Sale Agreement

A simplified U.S. legal agreement for straightforward asset or property sales, containing essential terms and conditions.

find out more

New Construction Purchase And Sale Agreement

A U.S. legal agreement for the purchase and sale of newly constructed property, detailing construction specifications and sale terms.

find out more

Condo Purchase And Sale Agreement

A U.S. legal agreement governing the sale and purchase of a condominium unit, including all terms and conditions of the transaction.

find out more

Commercial Buy Sell Agreement

A U.S.-governed agreement that establishes terms for commercial sale and purchase of goods or services between businesses.

find out more

Agreement To Sell Shares

A U.S. legal document formalizing the sale and transfer of company shares between parties.

find out more

Standard Land Purchase And Sale Agreement

A legally binding agreement for the purchase and sale of real property in the United States, outlining terms and conditions of the transaction.

find out more

Modular Home Purchase Agreement

A U.S. legal agreement governing the purchase of a prefabricated home, including specifications, delivery, and installation terms.

find out more

Simple Home Purchase Contract

A standardized agreement for residential property sales in the United States, outlining essential terms and conditions of the transaction.

find out more

Contract For Selling A Car In Payments

A U.S.-compliant contract establishing terms for vehicle sale through installment payments, including price, schedule, and security interests.

find out more

Contract For Selling A House By Owner

A U.S. legal agreement for direct property sales between private parties without real estate agent involvement.

find out more

Vacant Land Lot Purchase Contract

A U.S. legal agreement for the purchase and sale of vacant land lots, detailing transaction terms and conditions.

find out more

Contract To Sell Lot

A U.S. legal agreement defining terms and conditions for the sale of a land parcel.

find out more

Agreement Of Purchase And Sale Form

A U.S. legal document that formalizes the terms and conditions of a real property sale between buyer and seller.

find out more

Residential Contract For Sale And Purchase

A legally binding U.S. agreement for the sale and purchase of residential property, containing all essential terms and conditions of the transaction.

find out more

Buy Sell Agreement Business

A U.S.-governed legal agreement establishing terms and conditions for the purchase and sale of a business or business interests.

find out more

Offer To Sell Real Estate Form

A U.S. legal document outlining terms and conditions for selling real estate property.

find out more

House Buying Agreement

A legally binding U.S. contract outlining terms and conditions for residential property purchase and sale, compliant with federal and state regulations.

find out more

Real Estate Intent To Purchase Form

A U.S. legal document expressing a buyer's formal intention to purchase a specific property, subject to certain terms and conditions.

find out more

Business Purchase Term Sheet

A preliminary document outlining key terms for a business purchase transaction under U.S. law.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it