Thomson Reuters Practical Law is a legal know-how that goes beyond primary law and traditional legal research to give lawyers a better starting point. We provide asset purchase agreements as well as other standard documents, checklists, legal updates, instructions and more – permanently created and maintained by our more than 230 expert lawyers. An asset purchase agreement is used for the purchase and sale of part of a business. The agreement generally includes purchase and sale conditions, insurance and guarantees, agreements, preconditions, termination and compensation clauses. Get access to relevant news articles in a wide range of practice areas. Practical Law includes several variants of Asset Purchase Agreements, including Pro-Buyer, Pro-Seller, short and state-specific version, so it`s easy to find the right version for your client. Get a better starting point by using law Asset Purchase practical agreements. In addition to presenting a form template, standard practical documents such as this Asset Purchase Agreement contain integrated notes with important explanations and design and negotiation advice.