Asset Sale Agreement

For selling identified assets such as machinery, generators or equipment: asset schedule, condition, price allocation, transfer of warranties and the handover date.

What's included

Seller and buyer details
Schedule of assets with serial numbers
Condition and sold-as-seen clause
Price and payment terms
Transfer of warranties or manuals
Handover date and place

Usage notes

Confirm the assets are free of any charge or lien before paying.
List serial numbers in the schedule.

These are general-purpose document templates for use in Kenya. They are not a substitute for legal advice and may need review for your specific transaction.