What is Commercial Transfer?
Trespass is the transfer of ownership of a commercial business from skype phone number data entrepreneur to another. This transfer of an asset from one person to another is carried out through a trespass agreement, which defines the value of the transaction, as well as all tangible and intangible assets and rights:
property;
equipment;
goods;
furniture;
existing money;
exclusive use of the brand;
name of the establishment;
invention patents;
industrial property rights or resulting from contracts.
Requirements for a Commercial Lease
In addition to the monetary investment, there is a set of requirements without which it is not possible to carry out a transfer:
The transfer of the business must be definitive;
The new owner acquires the facilities and all the essential elements for the operation of the business (employees, furniture, goods, etc.);
The business area must remain the same;
A written document must be formalized;
It must be communicated to the landlord.
Commercial Transfer Agreement
To safeguard the interests of all parties involved in the transfer, it is very important to draw up and sign a transfer agreement between the seller and the buyer. This document must include the identification of the individuals and/or companies involved, as well as the amounts covered by the transaction.
This is an example of a conveyance agreement that could be drawn up:
TRANSFER PROMISE CONTRACT
Between (Name), marital status, holder of ID card no. ......, dated ... ......., resident in ......., parish of ......, municipality of ......, hereinafter referred to as the First Party and (Name), marital status, holder of ID card no. ......, dated ... ......., resident in ......., parish of ......, municipality of ......, hereinafter referred to as the Second Party.
And the grantors hereby enter into this transfer promise contract, which will be governed by the following clauses:
1st - The first party promises to transfer and the second party to acquire by transfer, the commercial restaurant establishment that is owned by the first party, and that is located in ...
2nd - The establishment will be transferred with all the elements that make it up, including licenses and permits.
