Sunday, December 20, 2009

Business Sale Agreement Attorney Typed Agreement For Purchase Of Business Stating Free Of Debts & Encumbrances, Is He Liable For Them?

Attorney typed agreement for purchase of business stating free of debts & encumbrances, is he liable for them? - business sale agreement

This guy has sold a business and the nature of the agreement and informed the lawyer that they had no debts or favors is said of the one free of debt and expenses and is not tilted.

Later I learned that was the fault that it is a business loan, which has not been informed, must be paid in monthly installments. There was also a large amount of state taxes was not paid for a year. It is the lawyer responsible for this situation, because they wrote the agreement on the sale of the company?

If there is no guarantee that what you write, it should have done the research about the company or a valid argument? The man who sold me the company nothing so there is nothing that I can leave them in a process against him.

Would not it be like a lawyer, a title and research are conducted to ensure that no debt exists or, based on the property? It gave me the confidence that the lawyer believes that all this would have found.

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