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Business and Assets Transfer Agreement

Document Type
Microsoft Word (Editable)
Pages
3
Price: KES 400
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Document Overview

A Business and Assets Transfer Agreement is a legal contract that documents the sale and transfer of a business and its assets from one party (Transferor) to another (Transferee).

Purpose:

1. Provides a clear framework for the transfer of ownership.
2. Protects the buyer by setting warranties and indemnities.
3. Defines which assets and liabilities are included in the transfer.
4. Ensures employees and contracts are handled in compliance with Kenyan law.
5. Minimizes risks of future disputes by recording terms in writing.
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