At Pacific Business Sales we use the CABB (California Association of Business Brokers) purchase agreements. CABB has standardized purchase agreements for both Asset Sales and Stock Sales along with Buyer and Seller Disclosures.
The CABB purchase agreements include provisions for Due Diligence, Non-Compete Agreements, Training and Representations & Warranties. The CABB purchase agreements have been in use for many years and were created by a team of attorneys and business brokers with many years of experience in business sale transactions.
See our Blog Why Use a Standardized Purchase Offer or LOI to Buy a Business vs a Custom Agreement for more information.