Appendix C
Checklist: Items for Consideration in a Buy/Sell Agreement

Identification of Business and Payment

Securities and Other Regulations

Pre-Closing Matters

Tax Issues

Representations and Warranties of Vendor and Due Diligence of Purchaser

Post-Closing Matters

The foregoing is a list of common concerns and clauses in agreements for the sale of a practice. The list is not exhaustive, will vary in individual circumstances, and cannot replace legal advice. Architects should consult a lawyer before negotiating or entering into such an agreement.