Promise/offer to purchase: Company - Goodwill | ScriptaLegal
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Services > Business > Agreements or contracts > Offer to purchase (promise to purchase) a business - Goodwill

Offer to purchase (promise to purchase) a business - Goodwill

Prepare your offer or promise to purchase a company or business online with a personalized legal document, covering everything from simple agreements to complex clauses...more

  1. Fill in the form
  2. Print your offer to purchase
  3. Sign
 

Description

  • The offer or promise to purchase is an extremely important document in the negotiations leading up to the acquisition of a company.
  • It is the contract by which the buyer undertakes to purchase a company, and in return, the seller who accepts the offer to purchase undertakes to sell under the conditions specified therein.
  • The offer to purchase is thus binding on both parties.
  • Failure to comply with the offer to purchase can have serious legal consequences for the party refusing to respect the contract, if :
    • The seller refuses to execute the offer to purchase, and the buyer can ask the court to oblige him to sell under the conditions stipulated in the offer to purchase;
    • If the buyer is no longer willing to fulfill his obligation, the seller can ask the court to order the buyer to pay damages for the inconvenience suffered.
  • 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  .

Other services offered

Summary

  • Identification of the parties
  • Subject matter of the purchase offer
  • Offer price
  • Conditions
  • 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

Price

Offer to purchase (promise to purchase) a business - Goodwill $125

Available options

To obtain the extract of resolution of the buyer which would be a corporation $5
To obtain the extract of resolution of the seller which would be a corporation $5
Questionnaires review with a member of our legal team
No discount or credit is applicable to this option.
$90
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Related videos

Comment bien protéger ma PME lors d'ententes avec des fournisseurs de services?
How to create your document

* 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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