Brookers Sale and Purchase of a Business Precedents brings together all the documents and precedents needed to guide solicitors through the sale or purchase of a business.

New Zealand is a nation of small businesses and the disposal of these is a common event. Brookers Sale and Purchase of a Business Precedents works through the required processes from both sides.

Checklists which cover the required actions ensure that anyone acting for one of the parties has a clear view of what must happen. A library of special clauses from the sale and purchase agreement covers all common variations and eventualities. Accompanying notes provide guidance for incorporating these into the agreement.

Because the sale of a business usually requires transactions around the business premises, this service also includes an extensive range of precedents and clauses for business premises leasing and management. Each clause includes useful notes on requirements and considerations.

Checklists

• Solicitor acting for vendor (non share sale)
• Solicitor acting for purchaser (non share sale)
• Perusing a deed of lease of premises
• Legal due diligence for purchase of a business
• Legal due diligence for purchase of commercial property

Agreement for Sale and Purchase of a Business: Clauses

• 22 special clauses to cover matters such as trading name, franchise agreements, retention of employees, book debts, confidentiality, new distribution and supply agreements.

Lease Documents

• Deed of lease
• Standard agreement to lease premises
• Deed of surrender of lease
• Deed of extension of lease of premises
• Deed of partial surrender of lease of premises
• Deed of rent review
• Deed of variation of lease
• Carpark lease
• Deed of assignment of lease

Lease Clauses Library

• 31 special clauses to cover matters such as electric signs, naming rights, motel provisions, demolition clause, cpi rent reviews, landlord’s works, option to purchase.

Land Transfer Forms

• Lease instrument - Form 12
• Lease variation instrument - Form 13
• Lease surrender instruction - Form 14
• Annexure schedule - Form 25