Personal Property – Business Broker Terms – Free Consult

In a business sale in Orlando, Florida, a Business Broker facilitated the transaction that included the transfer of personal property, such as furniture, equipment, and inventory. This was distinct from real property, as these items were not permanently affixed to the land. The broker ensured that all movable assets were properly listed and valued in the sale agreement, providing a clear distinction to ensure both parties understood what was included in the transaction. This meticulous documentation helped streamline the asset transfer process, avoiding any potential disputes over what was considered part of the sale.