13+ Free Asset Purchase Templates You’ll Love!

Download free, ready-to-use Asset Purchase Agreement templates in MS Word to simplify your business transactions with clarity and legal protection.

Buying or selling assets? Whether you’re a business owner, legal professional, or just looking to simplify the process, you’re in the right place. We’ve gathered 13+ free, user-friendly Asset Purchase Agreement templates to help make asset transactions smoother and clearer. From intellectual property to equipment, our templates cover a variety of scenarios, ensuring both buyers and sellers are on the same page. You can easily tweak them to fit your specific needs, saving you time and preventing misunderstandings. Simplify your asset deals and get the right agreement with ease!

Download Your Free Asset Purchase Agreement Template in MS Word

Planning to buy or sell business assets? A well-drafted agreement is essential for protecting your interests. Our ready-to-use Asset Purchase Agreement template in Microsoft Word format is designed to simplify the process, save time, and give you confidence in your transaction.

With just one click, you can download a professionally structured template that covers the key elements of an asset purchase—purchase price, included assets, liabilities, warranties, and more.

Take the hassle out of drafting complex agreements. Download your Asset Purchase Agreement template today and move forward with your deal smoothly and confidently.

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What is an Asset Purchase Agreement?

An Asset Purchase Agreement (APA) is a legal contract that sets out the terms for buying and selling specific assets of a business. Unlike purchasing the entire company, an APA allows the buyer to acquire only chosen assets—such as equipment, property, intellectual property, or inventory—while leaving behind unwanted debts or liabilities.

This type of agreement is common in business acquisitions, mergers, or situations where only part of a company is being sold. It provides clarity for both parties by specifying exactly what is included in the transaction and what is excluded.

Typical sections in an asset purchase agreement include:

  • Purchase price and payment method
  • List of included and excluded assets
  • Warranties and representations from both sides
  • Closing conditions before the deal is finalized
  • Indemnification terms to protect against future disputes

By defining these details, an APA helps prevent misunderstandings and ensures a smooth transfer of business assets.

01. Business Asset Acquisition Arrangement

02. Real Property Purchase Agreement

03. Vehicle Asset Procurement Contract

04. Equipment Asset Procurement Accord

05. Technology Resource Acquisition Arrangement

06. Intellectual Property Transfer Agreement

07. Manufacturing Facility Asset Procurement Pact

08. Restaurant Business Asset Transaction Covenant

09. Retail Establishment Resource Acquisition Accord

10. Software Asset Procurement Arrangement

11. Inventory Asset Purchase Covenant

12. Healthcare Facility Asset Acquisition Accord

13. Farm Equipment Resource Procurement Arrangement

Key Elements of an Asset Purchase Agreement

Office desk with a signed contract, checklist of assets and liabilities, and stack of money representing the key elements of an asset purchase agreement.

An Asset Purchase Agreement (APA) outlines exactly what is being transferred between the buyer and seller. To avoid disputes and ensure clarity, the agreement usually highlights three critical elements:

  1. Assets Included – A detailed list of the assets being purchased, such as equipment, property, intellectual property, contracts, or inventory. Clearly defining what is included helps the buyer know exactly what they are acquiring.
  2. Liabilities Excluded – Most APAs specify which debts, obligations, or risks will remain with the seller. This protects the buyer from unexpected financial responsibilities after the transaction.
  3. Purchase Price and Payment Terms – The total price of the deal, how it will be paid (lump sum, installments, or financing), and any conditions tied to payment.

Together, these elements form the foundation of a strong asset purchase agreement, giving both parties transparency and legal protection.

Benefits of Using Asset Purchase Agreement Templates

Two business professionals reviewing an agreement template at a meeting table with an hourglass and legal scales symbolizing the benefits of time-saving and legal protection.

Using a professionally designed template can make the asset purchase process much smoother. Instead of starting from scratch, you get a structured document that saves time and reduces the risk of mistakes.

  1. Time-Saving – Templates provide a ready-made framework with the essential sections already in place. You only need to fill in the details relevant to your deal, which speeds up preparation and review.
  2. Legal Protection – Well-drafted templates include standard clauses such as warranties, indemnities, and payment terms. These help protect both buyer and seller, reducing the chance of disputes or overlooked obligations.

By combining efficiency with legal safeguards, templates ensure that your asset transaction is both faster and more reliable.

Frequently Asked Questions

Business professional at a desk with a laptop displaying a question mark, surrounded by sticky notes and papers symbolizing frequently asked questions about asset purchase agreements.

What is an Asset Purchase Agreement?

An Asset Purchase Agreement is a legal contract between a buyer and seller that specifies which assets are being transferred, the purchase price, and any excluded liabilities.

How is an Asset Purchase Agreement different from a Stock Purchase Agreement?

In an asset purchase, only selected business assets are acquired, while in a stock purchase, the buyer takes ownership of the entire company, including all assets and liabilities.

Do I need a lawyer to use an Asset Purchase Agreement template?

While templates provide a strong starting point, it’s always advisable to have a lawyer review the final document to ensure it complies with local laws and meets your specific needs.

What types of assets can be included in this agreement?

Typical assets include equipment, real estate, inventory, intellectual property, contracts, and goodwill. The agreement will clearly state what is included and excluded.

Can I customize the Asset Purchase Agreement template?

Yes, the templates are fully editable in Microsoft Word, allowing you to add, remove, or modify clauses according to your transaction requirements.

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