Following on from my previous blog:
* You should ensure you have access to the business before settlement to be introduced to the clients.
* The Sales and Purchase Agreement should state that risk of the assets passes from the Seller to you on settlement and possession date.
* What type of insurance will you require - Public [...]
Buying a Business
November 8th, 2009 · No Comments · Uncategorized
Tags:Assets·Business Insurance·Buying A Business·Confirmation·Due Diligence·Franchise·Information Memorandum·Land Information·Landlord·Licence Agreements·Licencing Fees·Motor Vehicle·Possession·Premises·Public Liability·Purchase Agreement·Purchasing A Business·Radius·Restraint Of Trade·Settlement Rates
Land Information Memorandum
August 25th, 2009 · No Comments · Uncategorized
We highly recommend you obtain a Land Information Memorandum from your Local Council when purchasing a property. The LIM is a valuable document which details the Council records in relation to the property. An application is made to the Council and a fee is payable. The fees vary from Council to Council but when you [...]
Tags:Certificates·Consents·Drainage·Erosion·Information Memorandum·Land Information·Lim Report·Local Council·Sewerage·Slippage·Stormwater
