The sales contract may contain a date of ownership that may differ from the billing date, z.B. if the property is leased. If the property is leased, this should be stipulated in the purchase and purchase agreement. If more specific risks are identified during due diligence, they are likely to be covered by appropriate compensation in the sales contract, under which the seller promises to reimburse the buyer a book base for compensation liability. Explicit guarantees: An explicit guarantee is a positive statement from the seller about the quality and characteristics of the merchandise. An example of an express warranty is an electronics distributor that tells a customer, “We guarantee defects to your newly purchased TV for three years. If you tell us there is a defect, we will replace it or fix it. However, an explicit guarantee can be created even if the seller does not intend to establish one. If the sales contract has a description of the products that the buyer relies on at the time of purchase, an explicit guarantee is made that the merchandise complies with that description. When the seller makes a sample of the merchandise available to the buyer, an explicit guarantee is made that the merchandise matches the sample. A written agreement allows both the seller and the buyer to clearly state the explicit guarantees that apply to the merchandise if necessary. The buyer will try to prevent the seller from creating a new competitive business that will damage the value of the business sold. The sales contract therefore contains restrictive agreements that prevent the seller (for a fixed period and in certain geographic regions) from recruiting existing customers, suppliers or employees and, more generally, from competing with the sale of the business.
These restrictive alliances must be adequate in geography, size and duration. Otherwise, they may be in violation of competition law. As a general rule, the contract defines a minimum of liability that can be the subject of a debate on the seller`s liability, so that the parties exclude the possibility of minor issues. For each transaction, depending on the size, the amount of the being in which the parties feel comfortable in structuring the agreement. The fasteners are permanently connected to the property (z.B. a bridge, showers and electrical wiring) and are included in the property. All other moving items are and are only included in the sale if they are included in the sales and sales contract.