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Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Business Law
Satisfied Customers: 1611
Experience:  Run my own successful business/contract law practice.
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My mother will be taking ownership of an alteration company

Customer Question

Hi,
My mother will be taking ownership of an alteration company and all of its assets, however, we need a contract that states that.
The owner is giving everything needed (machines, customers, etc) without charge. Due to his age, he no longer wants any part of the company and want to retire.
Submitted: 1 year ago.
Category: Business Law
Expert:  Richard replied 1 year ago.

Good afternoon. My name is ***** ***** I look forward to helping you.

I'm presuming that since he's simply giving all the assets to your mom, there will be not representations, warranties, etc. Rather, it seems you are looking for a document that transfers the assets from the owner to your mom...correct? Thanks.

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