Business Purchase & Sale
Buying or selling an active business is the most important decision.
It could be the purchase or sale of an operating business, shares, assets, or goodwill, the assumption of a current lease, or the registration of a trade name.
Most of the time, it involves a third-party involvement, such as a landlord. In such a scenario, it is important to determine whether the lease provisions are in your favour.
Likewise, terms that are "condition precedent", which are usually imposed in the Business Agreements and Sale, are very crucial to discuss with your lawyer.
It is crucial that you contact your lawyer before approving any terms of purchase or sale of a business. We offer expert legal advice at different stages of business purchase or sale.
Scope of work
Key matters we assist with
Representative files and transactions Karkee Law regularly supports in this practice area. Specific advice depends on your facts, documents, and goals—book a consultation to discuss your situation.
Business purchase & sale
- Purchase of business assets (e.g. restaurant, retail shop) in leasing premises
- Sale of business assets (e.g. restaurant, retail shop) in leasing premises
- Draft & review agreements (APS) — business in leased premises
- Review & drafting of lease agreements — business in leased premises
- Personal Property Security Act (PPSA) search & registration
In depth
How we can help
Detailed overview of this practice area. When you are ready, book a consultation to discuss your situation.
Business Lease Agreement
Business lease provisions are complicated, and they include complex terminology and clauses. Our business law experts will advise you whether such clauses, for example: net lease clause, percentage lease clause, non-competition clauses, tax, maintenance, and insurance (TMI) provisions, or boilerplate clauses are in your favour or not. Before you sign such a lease agreement, we ensure you understand all the lease terms and conditions, enabling you to make an informed business decision.
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