Release -Business Broker Terms – Free Consult
In a business sale in Orlando, Florida, a Business Broker facilitated a situation where the seller agreed to a release as part of the transaction terms. This release involved the seller relinquishing their right to pursue any future claims related to undisclosed liabilities of the business up to the point of sale. This agreement was crucial in ensuring that the buyer could proceed with the acquisition without the risk of future legal entanglements from prior business activities. - Always check with a qualified attorney when unsure