Purchase agreement ingredients

searcher profile

December 30, 2024

by a searcher from University of Leeds in Florida, USA

Hi all,
We've been advised to draft as much of the skeleton of a purchase agreement as possible before involving our lawyers, to help minimise deal costs. Does anyone know where we could find a reliable example of a purchase agreement to understand the key components? While there are many templates online, it's hard to gauge their reliability.

If anyone is able to share a redacted or anonymised version, that would be incredibly helpful.

All suggestions are greatly appreciated—thank you!

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commentor profile
Reply by a professional
from York University in Toronto, ON, Canada
"We've been advised to draft as much of the skeleton of a purchase agreement as possible before involving our lawyers, to help minimise deal costs."

I don't think this is good advice. It's more work for a lawyer to review an agreement that's not based on their precedent. Even if the lawyer charges flat fee or hourly, I expect this would increase deal costs, not minimize.
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Reply by a searcher
from Austin Community College in Hollywood Beach, Hollywood, FL 33019, USA
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