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Old 06-24-2010, 06:35 AM  
ShellyCrash
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Join Date: Jun 2004
Location: Tampa Bay, FL
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I wouldn't reccomend doing it on your own, think you should talk to a lawyer and have them help you, but I know from going through and working on a few aquisitions it is put into the purchase terms who's responsibility any debt or liability will fall under. So something to the effect of any known debt or cost up until date of sale shall be paid by seller, and any undisclosed debt or liability will be seller's responsibility.
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