This is a 30 page (approximately) sale and purchase agreement which gives structure to any agreement to buy and sell a practice.
While it cannot suit all situations it may be readily adapted and offers an excellent starting point setting out a range of clauses which you may wish to use in your final agreement.
This version is for transactions where the purchaser is not incorporated and the goodwill and/or assets are the subject of the purchase.
Upon request we will be happy to supply you with supporting notes to assist you as you work through this document.
If first completed and then passed to a solicitor (whose normal fees could be in the range of £2,000 to £8,000) for him/her to cast his/her eyes over, it should save legal fees and compress the time frame.
If you also purchase A.P.M.A.’s preceding document master Heads of Agreement (and possibly the Due Diligence Issues document), the time to completion and the legal costs should be reduced further.
Please note that in providing you with certain draft templates for your use, we do not, under any circumstances, provide legal advice and we strongly recommend that you consider taking up such advice when preparing the necessary contractual documentation to complete your transaction.