Tuesday, July 5, 2011

Selling my half of the business? -

my partner wants to buy my half of the business (restaurant).the agreed price was 80 grands, with 20% down ($16,000) and the rest of it on installments of 40 payments ($1600) a month.do I need an attorney for the paperwork ?.can we get some form and have it notorized, and would it be legaly binding?. where would I get such forms?.any advise on how to go about the deal ?.

Do not take a chance this is business, you need to get a Lawyer and let him draw up the papers and then both of you sign them. Do not get any forms some of them are not even binding even when you have them notarized. It will be worth it to pay extra for a lawyer to get this done right for the both of you. You do not want to lose any money so get a Lawyer.

thanks to all of you for your repliesgod bless. Report Abuse

While you can write one up that is usually binding, there can be loopholes and such. Get an attorney and do it right. ---Kasey C, PC guru since Apple II daysAlways remember you re unique, just like everyone else.

Get an Attorney to handle all your paper work for you..he will know these stuff and advise and inform you on the best decision...

draw up a paper that describes the deal, have it signed by both parties

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