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Asset deals in commercial property cover the purchase or transfer of individual assets or portfolios of assets used in a business, rather than buying an entire company. A solicitor will coordinate due diligence on title, leases, contracts, intellectual property, stock and equipment; draft and negotiate an asset transfer agreement, assign or novate contracts, lease assignments, and any necessary registrations or consents; and manage completion mechanics, consideration payments and post‑completion filings. The process is shaped by title checks, planning restrictions, financing terms and any stamp duties or taxes.
