Structuring Asset Transactions - What happens in an asset transaction?

The target transfers some or all of the assets used in the business to be sold. These may include real estate, equipment, and inventory, as well as intangible assets such as contract rights, leases, patents, and trademarks.

The target, as the seller,  then executes the specific kinds of documents needed to transfer the specific assets, such as deeds, bills of sale, and assignments. (Note: If the business to be sold is a unit of a multi-unit company, the seller may be the parent.

For the examples that follow, the terms target and seller, unless otherwise defined refer to the same company.).