Disclosure Letter for Selling a Business
The Disclosure Letter is a commonly document used in business transactions, particularly business, asset and share sales, as well as M&A (Mergers and Acquisitions), to assist buyers with the Due Diligence Report. This document – that takes form of a letter from the Seller to the Buyer – provides the Buyer with general and specific information that will inform the decision about whether proceed with the purchase of the business. The Disclosure Letter also provides the Seller with an opportunity to update the purchaser with any changes of documents or previous information that requires updating for the business sale. Model of Disclosure Letter for Selling a Business.