Representations and Warranties -Business Broker Terms – Free Consult

In a HVAC and Plumbing business transaction in Fort Myers, Florida, a Business Broker facilitated the drafting of a purchase and sale agreement that included detailed representations and warranties. These clauses assured the buyer that all provided information about the business, such as financial statements and legal compliance, was accurate and true. The agreement also specified the remedies available to the buyer, including potential compensation, should any of these assurances prove to be false or inaccurate after the sale was completed. This safeguarded the buyer's investment and contributed to a transparent and trustworthy transaction process. - [ ] Always check with a qualified attorney when unsure