Business Sale

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Business Sale Agreement made this _________day of _________, 20__ by and between ____________________ and _____________________ (doing business as _________________________ ) of ____________________________________ (hereinafter referred to as "Seller") and _________________________________ (hereinafter referred to as the "Buyer").. The Seller may use the purchase money, or any portion thereof, to clear any encumbrances on the property transferred and in the event that documents reflecting discharge of said encumbrances are not available at the time of sale, the money needed to effectuate such discharges shall be held by the attorneys of the Buyer and Seller in escrow pending the discharges..


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