The purchase offer is an extremely important document in the negotiations leading to the purchase of a business.
This is a contract whereby the buyer agrees to purchase and in return, the seller, who accepts the purchase offer, undertakes to sell under the conditions set forth in said offer.
The purchase offer is therefore binding upon both parties.
The non-compliance with the purchase offer may have serious legal consequences for the party who fails to comply with such a contract:
If the seller refuses to execute the purchase offer, the buyer may require the court to force the seller to sell with the conditions specified in the purchase offer;
If the buyer does not want to perform his obligations anymore, he seller may apply to the court for damages as a result of the suffered disturbances.
The purchase offer, available on this website, is a comprehensive document that will normally meet your needs for a relatively simple situation. For a business purchase offer of which conditions are more complex, we invite you to contact .
Identification of the parties
Subject matter of the purchase offer
Declarations and obligations of the purchaser
Declarations and obligations of the seller
Obligations of the parties
Special clause (if applicable)
Election of domicile
Mediation (if applicable)
Acceptance and notification
* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.
GST and QST not included.
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