The last blog on this matter:
If there are licences to operate, or possibly a government consent involved the Agreement should provide provision for the licence to be current and transferred upon settlement so you as the Purchaser can continue to trade.
You should also ensure the Agreement provides provision for the Vendor to remain for a [...]
Buying a Business
November 12th, 2009 · No Comments · Property Conveyancing News, Uncategorized
Tags:Accountant·Blog·Business Franchise·Buying A Business·Buying Business·Due Diligence·Gst·Provision·Purchase A Business·Purchaser·Smooth Transition
Agreement for Sale and Purchase
October 28th, 2009 · No Comments · Uncategorized
Lets break it down in bit by bit:
Recently the Real Estate Institute of New Zealand released a plain English version of a new Agreement for Sale and Purchase. This Agreement has not been received well by the Real Estate Industry. It would appear the majority of Agents will stick with the Auckland District Law Society Eighth [...]
Tags:Auckland District Law Society·Bank Cheque·Bit By Bit·Certificate Of Title·Contractual Obligations·Eighth Edition·Electronic Transfer·First Option·Front Page·Gst·Instalments·Legal Description·Negotiations·Passports·Possession·Purchaser·Real Estate Institute Of New Zealand·Satisfaction·Settlement Date·Vendors Finance
