Someone acquiring to purchase my business do I give them the key after they make the deposit??
2 Answers from Attorneys
No key until the parties execute closing documents which are normally prepared by their
Those are preceded by an Asset Purchase Agreement
Which protects both parties from ambiguities and misunderstandings
Hello. Generally, keys would be exchanged at closing and not before unless special agreements were made with full appropriate protective insurance in place. I urge you to seek attorney counsel in this transaction.
Tricia Dwyer Esq
Tricia Dwyer Esq & Assoc PLLC
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