![]() Pay any broker fees (although buyers less frequently pay brokers, to the extent a broker is involved in the transaction) and.Cancel or transfer any licenses that were needed to operate the business at its premises.įifth (and finally), here’s the list of items that the buyer may have to take care of as part of its closing obligations:.Pay any broker fees, to the extent a business broker is involved in the transaction (business brokers often request to be paid around 10% of the sale price) and.Terminate or transfer to the buyer its vendor and supplier accounts.Deliver all information to the buyer to transfer domain names, web site hosting, utilities, online accounts, and phone and fax numbers.Report any new hires to the Oregon Department of Justiceįourth, here’s the list of items that the seller may have to take care of as part of its closing obligations:.File an assumed business name application for the name to be used at acquiring business and.Third, here’s the list of filings that may need to be made by the buyer at or post-closing: Multnomah County DART Letter (to notify the county about the sale of the business’s personal property, to the extent the transaction concerns a business in Multnomah County).Ĭhecklist of Buyer Filings at Closing or Post-Closing.Oregon DOR Business Change in Status Form and. ![]()
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