Sign-and-Close vs. Sign-then-Close: Choosing the Right Structure
Have you ever heard lawyers talk about sign-and-close and sign-then-close deal structures?
It’s somewhat obvious what that means. But it’s worth understanding properly.
Sign-and-Close: You sign the purchase agreement and close on the same day.
Sign-then-Close: You sign the purchase agreement, but close later once certain closing conditions are met.
But which one is right for you?
Last Friday, I wrote a post on SMB-Transactions that addresses this very topic.
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