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Home Q&A Forum Does a business purchase agreement need witnesses?

Business Contracts

Business Purchase Agreement

Texas

Asked on Oct 16, 2023

Does a business purchase agreement need witnesses?

I am considering purchasing a business and I am in the process of drafting a business purchase agreement. I understand that certain documents and agreements require witnesses to be present, but I am unsure if a business purchase agreement is one of them. I would like to know if a business purchase agreement needs witnesses or not.

1 Attorney answer

Answer

Business Contracts

Texas

Answered 249 days ago

Michael A.

ContractsCounsel verified

Business Lawyer
Licensed in Texas
Free Consultation

A Business Purchase Agreement does not REQUIRE witnesses. However, witnesses, if unaffiliated and uninterested 3rd parties, witness the execution signatures on the Business Purchase Agreement, it may become important if a dispute arises between buyer and seller.

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