Purchase Agreement

Print Have you ever ordered something only to receive something completely different? Or signed a contract that looked fine—except no one really knew what was being bought? In practice, this is more common than it seems. The biggest pitfall in purchase contracts is vague or incorrect definition of the subject of sale. Without a clear […]

Print Imagine you own a large company but decide to sell only one part of it – for example, a branch in another city or a specialized department. This is called a transfer of part of a business. It may sound simple, but legally it is a complex operation. You must precisely define what constitutes

Print Buying a business enterprise is a complex transaction involving the transfer of assets, receivables, and debts. But what if the agreement ends with a withdrawal? The consequences are not just a formality. Receivables, debts, and the enterprise itself must be returned, and if some obligations arose or were performed in the meantime, it can

Print Selling a business can be a major step for both the seller and the buyer, whether it means growth or an exit strategy. But what about creditors? They are often sidelined, even though the transfer may have a decisive impact on their rights. The law protects them – if their chance of recovering a

Print Buying a business enterprise is not just about signing the contract and handing over the office keys. The crucial question is when the buyer actually acquires ownership rights. This moment determines who is entitled to manage the business, who is liable for debts, and who has the right to profits. In many cases, it

Print Buying a business enterprise is not just about signing the contract – the decisive step is the handover of the business and the written record of it. This document works like an inventory book: it shows what exactly passes to the buyer and which liabilities or defects the seller disclosed. If something is left

Print Buying a business enterprise is a big step – the buyer acquires not only assets and receivables but also debts. What many people do not realize is that the seller continues to guarantee these debts. Surprising? In reality, it makes sense: the law protects creditors so they do not end up in a weaker

Print Imagine you are buying an entire business. The price is based on the books, but in the meantime – before you actually take over the enterprise – the value of assets and the amount of liabilities change. Who bears the difference? The buyer, or the seller? The law anticipates this situation and sets out

Print Selling or buying an entire enterprise is not just about taking over buildings or machines. The law states that the buyer assumes the entire unit with all rights and obligations – including debts, employees, and contractual relationships. This is where mistakes often arise. If the contract is not properly drafted and recorded, you can

Print Imagine that you co-own a property with others and decide to sell your share. The other co-owners often have a right of first refusal. This is not just a formality – the law sets out strict rules on how you must make the offer. If the content of the offer does not meet legal