It contains all the details, conditions and terms of the sale – including things like price, all co-sales with the property, whether the buyer must first sell another property and billing date. The second step is the transfer of shares. At the end of the second stage, the buyer becomes the owner of the shares that were part of the sale transaction. This second stage is often referred to as a “colony.” All disputes, arbitration applications or judgments relating to the amounts involved, pending or pending or in threat. All the litigation over the past five years and the amounts involved. details of all workplace accidents, significant violations in an agreement or agreement in which the company is a party, any formal insolvency proceedings, including bankruptcy, liquidation, bankruptcy, management or the system with the creditors concerned. In essence, due diligence is the process by which the purchaser of the target shares examines the company`s activities, key people, documents and assets. The procedure is intended to draw the buyer`s attention to the risks that may be associated with the purchase of the target shares, but also to justify the value of the investment or acquisition price. A third, and just as important, value of due diligence is to determine all necessary consents before the shares can be transferred (i.e. banks, lenders or commercial contracts). It is important for buyers to know which would stay in the house – if it is not included in the list of, the seller in their rights is to take the chat with them. The mentioned must be in perfect condition and in the same condition as when signing the contract of purchase and sale.
Before agreeing to buy shares in a private company, the potential buyer will generally try to obtain a professional valuation and establish a detailed sales contract. This view is discussed on the general process of selling shares and what the buyer and seller are expected to do at each stage. The agent will help you, as well as the seller, to include the conditions you both want. Even if the broker works for the seller, they must also be honest and honest with the buyer. You cannot withhold information and you must inquire about known defects in the property. You can submit an unconditional offer, i.e. there are no specific conditions to be fulfilled or that you can include in your offer one or more conditions (which must be met until a specified date). Ask your lawyer or advisor to check the sales contract and all the conditions you include before signing. These are some general conditions: when a buyer takes over a loan, a mortgage or a credit, he assumes a responsibility to the company.Back to Blog