PaperCounselPaperCounsel
All documents
Business & Contracts

Purchase Agreement

Formalizes the purchase or sale of a business, assets, or equipment. Covers representations, warranties, indemnification, and closing conditions.

Why you need one

Complete transaction terms

Covers everything from purchase price to closing conditions — no ambiguity in the deal.

Representations & warranties

Both parties make sworn statements about the accuracy of information — protecting against misrepresentation.

Indemnification

Defines who is responsible if something goes wrong after the sale — and up to what amount.

Closing conditions

Sets the exact steps for closing the deal and what must happen before money changes hands.

How it works

01

Answer a few questions

Takes about 10 minutes. Progress is saved as you go.

02

Pay a flat fee

Stripe checkout — cards + Apple Pay + Google Pay accepted.

03

Our expert team drafts it

State-specific, reviewed by an expert or partner attorney. 2 business days.

04

Download + sign

Delivered to your /account dashboard. Sign digitally or print + notarize.

What's in your document

  • Asset/business description
  • Purchase price & payment terms
  • Representations & warranties
  • Indemnification
  • Closing conditions
  • Post-closing obligations

Make it legal — after you receive it

1

Both parties review with counsel

Purchase agreements are complex — both sides should have legal review.

2

Both parties sign

Signatures are required. Notarization is recommended.

3

File with closing documents

Keep with your closing binder and transaction records.

This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.

Competitor pricing checked against Rocket Lawyer and LegalZoom public pricing; excludes fees and may change. See our price sources for capture dates.

Flat fee — no subscription
$69
Rocket Lawyer $50LegalZoom $149
  • State-specific — every state's format supported
  • Delivered to your /account dashboard within 2 business days
  • CPA + attorney review before delivery
  • Free amendments for 30 days