A Company Ownership Transfer Agreement is a legally binding document between an owner of a company and an organization or individual that is acquiring the ownership of that same company. It outlines the responsibilities and rights of both parties, such as who will have possession of the company’s assets, liabilities and intellectual property. It also sets forth any other conditions or warranties related to the transfer and specifies when the transaction will be completed. By clearly detailing all aspects of ownership transfer, a Company Ownership Transfer Agreement can ensure a smooth transition with minimal complications.