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Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 14371
Experience:  37 years qualified as a lawyer; LLB, MMgt and FAMINZ.
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When purchasing a business is it common to pay in stages or

Customer Question

Hi there. When purchasing a business is it common to pay in stages or is it usually all paid at once?
Submitted: 1 year ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 1 year ago.

In my experience in my experience it is common for the seller to permit payment of some of the purchase price by instalments. There is no standard requirement, and the parties are free to set whatever payment terms they agree are useful and appropriate

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