{"id":168,"date":"2026-10-16T17:27:02","date_gmt":"2026-10-16T17:27:02","guid":{"rendered":"https:\/\/34-24-254-23.nip.io\/?page_id=168"},"modified":"2026-10-27T14:53:19","modified_gmt":"2026-10-27T14:53:19","slug":"business-acquisition-and-sale-lawyers-miami-dade-county","status":"publish","type":"page","link":"https:\/\/kewlegal.com\/resources\/business-acquisition-and-sale-lawyers-miami-dade-county\/","title":{"rendered":"Business Acquisition and Sale Lawyers Miami-Dade | KEW Legal"},"content":{"rendered":"\n<div class=\"wp-block-cover alignfull is-dark\" style=\"min-height:460px;aspect-ratio:unset;\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-secondary-background-color has-background-dim-60 has-background-dim\"><\/span><img class=\"wp-block-cover__image-background wp-image-165\" alt=\"Shareholders seated around a boardroom table reviewing sale and succession documents beneath framed company history photos.\" src=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-reviewing-sale-photo-1.jpg\" width=\"1376\" height=\"768\" srcset=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-reviewing-sale-photo-1-150x150.jpg 150w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-reviewing-sale-photo-1-300x167.jpg 300w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-reviewing-sale-photo-1-768x429.jpg 768w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-reviewing-sale-photo-1-1024x572.jpg 1024w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-reviewing-sale-photo-1.jpg 1376w\" sizes=\"(max-width: 825px) 825px, 100vw\" fetchpriority=\"high\" decoding=\"async\"\/><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-block-cover-is-layout-constrained\">\n<p class=\"chg-eyebrow has-base-color has-text-color wp-block-paragraph\">Business Acquisition and Sale | Coral Gables and Sunny Isles Beach<\/p><h1 class=\"wp-block-heading has-base-color has-text-color\">Business Acquisition and Sale Lawyers in Miami-Dade County<\/h1><p class=\"has-base-color has-text-color wp-block-paragraph\" style=\"font-size:clamp(0.875rem, 0.875rem + ((1vw - 0.2rem) * 0.625), 1.25rem);\">KEW Legal focuses on deals where a company changes hands. We work with owners, investors, and buyers from the letter of intent through closing, with offices in Coral Gables and Sunny Isles Beach.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Schedule a Consultation<\/a><\/div><div class=\"wp-block-button chg-cta chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Schedule a Consultation<\/a><\/div><\/div>\n<\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:0.85rem;color:#6b7280;margin-bottom:1.5rem\">By Kristina E. Wilson \u00b7 Published October 10, 2026<\/p>\n\n<article lang=\"en\">\n\n<p>If you need business acquisition and sale lawyers in Miami-Dade County, KEW Legal focuses on deals where a company changes hands. The firm works with owners, investors, and buyers from the first letter of intent through closing. This page explains how these deals are built, which structure fits, and what to gather before a first meeting. KEW Legal&#8217;s offices are in Coral Gables and Sunny Isles Beach, and the firm can be reached at 305-990-2300.<\/p>\n<h2>What Business Acquisition and Sale Counsel Covers<\/h2>\n<p>Acquisition and sale counsel handles the legal side of buying or selling an existing company. The lawyer drafts and negotiates the deal documents and checks the business for legal problems before money changes hands.<\/p>\n<p>This work fits several kinds of clients:<\/p>\n<ul>\n<li>Founders selling a company they built<\/li>\n<li>Family-owned businesses moving ownership to a buyer inside or outside the family<\/li>\n<li>Investors and buyers acquiring a restaurant, service company, or other operating business<\/li>\n<li>Co-owners who need to buy out a partner<\/li>\n<\/ul>\n<p>The service covers the full path. That includes review of the letter of intent, due diligence, the purchase agreement, closing, and the transfer steps after closing.<\/p>\n<p>Counsel does not set the price. Valuation and financial modeling belong to accountants and financial advisors, and counsel works alongside them.<\/p>\n<p>KEW Legal also serves as outside general counsel for business owners and investors. That role matters in a sale. The leases, vendor contracts, and employee agreements tied to the business often need review when ownership changes.<\/p>\n\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" src=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/professionals-in-a-modern-office-review-documents-together-a-photo.jpg\" alt=\"Professionals in a modern office review documents together around a conference table.\" style=\"border-radius:8px;width:100%;aspect-ratio:16\/9;object-fit:cover\"\/><\/figure>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Not sure what your next step is?<\/h3><p class=\"wp-block-paragraph\">Talk it through with our team &#8212; the first consultation is free, confidential, and carries no obligation.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Get a free consultation<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Get a free consultation<\/a><\/div><\/div>\n<\/div>\n<h2>Asset Sale or Stock Sale: Which Structure Fits?<\/h2>\n<p>In an asset sale, the buyer chooses which assets and liabilities it takes on. In a stock or membership-interest sale, the buyer acquires the owners&#8217; interests, and the company keeps its contracts, debts, and history.<\/p>\n<p><strong>Asset sale<\/strong><\/p>\n<ul>\n<li>The buyer can leave behind debts and claims it doesn&#8217;t want.<\/li>\n<li>Contracts, leases, licenses, and permits often need the other side&#8217;s consent to transfer.<\/li>\n<li>Each asset may need its own transfer document.<\/li>\n<\/ul>\n<p><strong>Stock or membership-interest sale<\/strong><\/p>\n<ul>\n<li>The company stays in place, so its contracts usually stay with it, subject to their own terms.<\/li>\n<li>The buyer inherits known and unknown liabilities, which makes review more important.<\/li>\n<li>Transfer rules depend on the entity type.<\/li>\n<\/ul>\n<p>Florida entity type shapes the choice. A corporation&#8217;s share transfer limits can appear in its articles, bylaws, or a shareholder agreement. Unless the restriction is noted on the certificate or in the information statement, a buyer without knowledge of it may not be bound, under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0600-0699\/0607\/Sections\/0607.0627.html\">Fla. Stat. \u00a7 607.0627<\/a>. A transfer of an LLC interest does not by itself give the buyer a management role, under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0600-0699\/0605\/Sections\/0605.0502.html\">Fla. Stat. \u00a7 605.0502<\/a>.<\/p>\n<p>Tax results also differ. The <a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/business-structures\">IRS<\/a> explains how entity structure affects federal filing and reporting. Confirm tax effects with a tax professional before you sign.<\/p>\n<h2>How a Deal Moves from Letter of Intent to Closing<\/h2>\n<p>A typical deal moves through five stages, from a letter of intent to closing. Timing varies widely, so no closing date can be promised in advance.<\/p>\n<ol>\n<li><strong>Letter of intent.<\/strong> This sets the price range, exclusivity, and confidentiality. Read which sections say they are binding.<\/li>\n<li><strong>Due diligence.<\/strong> The buyer reviews the business. The letter of intent usually sets how long this runs.<\/li>\n<li><strong>Purchase agreement.<\/strong> Counsel drafts the main contract and the disclosure schedules that list exceptions to the seller&#8217;s promises.<\/li>\n<li><strong>Conditions.<\/strong> Third-party consents, landlord approvals, and required filings must come first.<\/li>\n<li><strong>Closing.<\/strong> Funds move, documents are signed, and ownership changes hands.<\/li>\n<\/ol>\n<p>Some larger deals need a federal premerger filing. Depending on its size and structure, an acquisition may be subject to federal premerger notification requirements that can affect when the deal is able to close. Check this early, because it can change the timeline.<\/p>\n<h2>What Gets Reviewed in Due Diligence<\/h2>\n<p>Due diligence is the buyer&#8217;s review of the business before closing. It shapes both the price and the seller&#8217;s disclosures.<\/p>\n<ul>\n<li><strong>Corporate records.<\/strong> Formation documents, ownership records, operating agreements, shareholder or partner agreements, and minutes.<\/li>\n<li><strong>Contracts.<\/strong> Customer and vendor agreements, especially clauses triggered by a change of control or limits on assignment.<\/li>\n<li><strong>Commercial leases.<\/strong> Term, assignment rights, default history, and whether the landlord must consent.<\/li>\n<li><strong>Employment matters.<\/strong> Employee agreements, worker classification, and pending claims.<\/li>\n<li><strong>Litigation, liens, and filings.<\/strong> Pending disputes, UCC liens, and open regulatory items.<\/li>\n<\/ul>\n<p>Entity status is a basic check. It is confirmed against the <a href=\"https:\/\/dos.fl.gov\/sunbiz\/\">Florida Division of Corporations (Sunbiz)<\/a> records for Florida entities.<\/p>\n<p>Each item matters for a reason. A lease that can&#8217;t be assigned can stall a deal. An undisclosed lawsuit can change the price or lead to a claim after closing.<\/p>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Have questions about what happened?<\/h3><p class=\"wp-block-paragraph\">Ask our team directly. The first conversation is free, confidential, and there is no obligation to continue.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Talk to our team<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Talk to our team<\/a><\/div><\/div>\n<\/div>\n<h2>Key Terms in the Purchase Agreement<\/h2>\n<p>The purchase agreement sets the price, the seller&#8217;s promises, and how claims work after closing. Each term shifts risk between the buyer and seller.<\/p>\n<ul>\n<li><strong>Price and payment.<\/strong> Earnouts tie part of the price to future performance. Escrow and holdbacks set money aside for claims. Both create timing and dispute risk.<\/li>\n<li><strong>Representations and warranties.<\/strong> The seller states facts about the business. Disclosure schedules list the exceptions, and anything left out can become a claim.<\/li>\n<li><strong>Indemnification.<\/strong> This governs post-closing claims, including survival periods, caps, and baskets (minimum loss amounts before a claim pays).<\/li>\n<li><strong>Restrictive covenants.<\/strong> A court will not enforce a non-compete or non-solicitation term unless it is in a writing signed by the person bound, under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0500-0599\/0542\/Sections\/0542.335.html\">Fla. Stat. \u00a7 542.335<\/a>. A court must also narrow an overbroad restraint to what is reasonably necessary.<\/li>\n<li><strong>Filing deadlines.<\/strong> A contract clause cannot shorten the time to sue. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099\/0095\/Sections\/0095.03.html\">Fla. Stat. \u00a7 95.03<\/a>, a shorter contract period is void. Filing deadlines generally come from <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099\/0095\/Sections\/0095.11.html\">Fla. Stat. \u00a7 95.11<\/a>.<\/li>\n<\/ul>\n<p>These terms are common, but every agreement depends on the facts of its own deal.<\/p>\n<h2>Closing, Transfers, and Post-Closing Issues<\/h2>\n<p>Closing ends the deal on paper, but transfers and obligations continue afterward. Plan for them before the signing date.<\/p>\n<p>Closing documents usually include bills of sale for asset deals, assignment and assumption agreements, officer certificates, and updated ownership records. After closing, leases, licenses, permits, bank accounts, and vendor accounts each need their own transfer or notice.<\/p>\n<p>Florida tax exposure is a serious issue. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0200-0299\/0213\/Sections\/0213.758.html\">Fla. Stat. \u00a7 213.758<\/a>, a buyer may withhold part of the price to pay the seller&#8217;s state tax and must pay that amount to the state within 30 days after the transfer. If the withholding falls short, the seller remains liable for the difference. A buyer of more than 50 percent of a business can also be jointly liable up to its maximum liability. Confirm tax clearance steps with a tax professional.<\/p>\n<p>Post-closing duties may include earnout reporting, indemnity claim periods, and non-compete compliance. If a dispute arises after closing, KEW Legal also handles business contract and vendor disputes and partnership disputes.<\/p>\n\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" src=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/attorney-reviews-legal-documents-with-clients-across-a-desk-photo.jpg\" alt=\"Attorney reviews legal documents with clients across a desk in a Miami-Dade business acquisition consultation.\" style=\"border-radius:8px;width:100%;aspect-ratio:16\/9;object-fit:cover\"\/><\/figure>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Want to know where you stand?<\/h3><p class=\"wp-block-paragraph\">Tell us what happened and our team will walk you through the options available to you, at no cost.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Get a free review<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Get a free review<\/a><\/div><\/div>\n<\/div>\n<h2>Why KEW Legal, and Common Questions Before You Sign<\/h2>\n<p>KEW Legal serves as outside general counsel for business owners and investors. The firm has offices in Coral Gables and Sunny Isles Beach, and its work covers Miami-Dade County, Broward County, and South Florida.<\/p>\n<p>For an acquisition, the firm&#8217;s work can include:<\/p>\n<ul>\n<li>Reviewing letters of intent before signing<\/li>\n<li>Coordinating due diligence requests and reviewing the results<\/li>\n<li>Drafting and negotiating purchase agreements and disclosure schedules<\/li>\n<li>Supporting closing and the transfer steps that follow<\/li>\n<\/ul>\n<p>This page makes no claims about rankings, awards, or results. Each deal turns on its own facts.<\/p>\n<h3>Do I need a lawyer if the buyer&#8217;s counsel drafts the agreement?<\/h3>\n<p>Yes, your own lawyer can review the draft for your side of the risk. The buyer&#8217;s counsel works for the buyer.<\/p>\n<h3>Can I sell if my lease requires landlord consent?<\/h3>\n<p>Lease terms control the answer. Check the assignment clause early, because landlord consent often sits on the path to closing.<\/p>\n<h3>What does a letter of intent bind me to?<\/h3>\n<p>The wording controls. Sections that state they are binding are the ones that create obligations.<\/p>\n<h3>Should I involve a lawyer before signing a letter of intent?<\/h3>\n<p>Many owners do, because the letter often sets exclusivity and confidentiality terms. Ask a lawyer to review it first.<\/p>\n<h3>What should I bring to a first consultation?<\/h3>\n<p>Bring the draft letter of intent, recent financial statements, entity documents, key customer and vendor contracts, and your lease.<\/p>\n<p>If you&#8217;re weighing a letter of intent or a deal structure before you sign, reach out to KEW Legal through the <a href=\"https:\/\/kewlegal.com\/contact-us\/\">contact page<\/a> to talk through the terms in front of you.<\/p>\n\n<\/article>\n<footer class=\"disclaimer\"><em>The engagement of a lawyer is an important decision that should not be based solely upon advertisements. The information on this website is general information about KEW Legal and the services we offer; it does not constitute legal advice and is intended for informational purposes only. Accessing this website or contacting our firm does not establish an attorney-client relationship.<\/em><\/footer>\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-container-core-group-is-layout-583d630a wp-block-group-is-layout-constrained\" style=\"padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center\">How KEW Legal Supports Acquisition and Sale Transactions<\/h2>\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--document\"><\/span><\/p><h3 class=\"wp-block-heading\">Letter of Intent Review<\/h3><p class=\"wp-block-paragraph\">We review the letter of intent, including price terms, exclusivity, and confidentiality, before the parties move toward a definitive agreement.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--lightbulb\"><\/span><\/p><h3 class=\"wp-block-heading\">Deal Structure Analysis<\/h3><p class=\"wp-block-paragraph\">We help clients compare asset and stock purchases and related structures so the transaction is organized around the goals of the buyer or seller.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--check\"><\/span><\/p><h3 class=\"wp-block-heading\">Due Diligence Coordination<\/h3><p class=\"wp-block-paragraph\">We identify the corporate, contract, lease, employment, and real estate records a buyer will request and organize the materials for review.<\/p><\/div><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--shield\"><\/span><\/p><h3 class=\"wp-block-heading\">Purchase Agreement Drafting<\/h3><p class=\"wp-block-paragraph\">We draft and negotiate the purchase agreement, including representations, warranties, indemnities, and closing conditions.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--clock\"><\/span><\/p><h3 class=\"wp-block-heading\">Closing Coordination<\/h3><p class=\"wp-block-paragraph\">We manage the closing checklist, coordinate with other advisors, and document the transfer of ownership, assets, and obligations.<\/p><\/div><\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-base-color has-accent-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--accent,#20242e);color:var(--wp--preset--color--base,#ffffff);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-base-color has-text-color\">Review the Letter of Intent Before You Sign<\/h3><p class=\"wp-block-paragraph\">Many letters of intent state that certain terms, such as exclusivity, confidentiality, or expense allocation, are binding even though the price and deal terms are not final. Speak with counsel before signing.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Send Us a Message<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Send Us a Message<\/a><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-surface-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-583d630a wp-block-group-is-layout-constrained\" style=\"padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center\">Information to Gather Before Your First Meeting<\/h2>\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Corporate Records<\/h3><p class=\"wp-block-paragraph\">Articles of organization or incorporation, operating or shareholder agreements, meeting minutes, and the current ownership ledger.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Financial Statements<\/h3><p class=\"wp-block-paragraph\">Recent tax returns, profit and loss statements, balance sheets, and any financial projections prepared for the transaction.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Contracts and Leases<\/h3><p class=\"wp-block-paragraph\">Key customer and vendor agreements, employment and contractor agreements, and any commercial lease for the business premises.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Deal Background<\/h3><p class=\"wp-block-paragraph\">A summary of the proposed price, the parties involved, the expected timeline, and any letter of intent or term sheet already exchanged.<\/p><\/div><\/div><\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-base-color has-primary-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-4d466591 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--primary,#20242e);color:var(--wp--preset--color--base,#ffffff);padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center has-base-color has-text-color\">Planning to Buy or Sell a Business in Miami-Dade or Broward County?<\/h2>\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-0aa01211 wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Call 305-990-2300 or Schedule a Consultation<\/a><\/div><div class=\"wp-block-button chg-cta chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Call 305-990-2300 or Schedule a Consultation<\/a><\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buying or selling a Florida business? KEW Legal covers letters of intent, due diligence, deal structure and closing for Miami-Dade and South Florida owners.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"chg_review":"{\"v\": 1, \"checked_at\": \"2026-10-10T17:55:54+00:00\", \"checked\": true, \"jurisdiction\": \"Florida\", \"claims\": [{\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0600-0699\/0607\/Sections\/0607.0627.html\", \"cite\": \"Fla. Stat. \u00a7 607.0627\", \"heading\": \"Restriction on transfer of shares and other securities.\", \"support\": \"Unless so noted, a restriction is not enforceable against a person without knowledge of the restriction.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 607.0626(2). Unless so noted, a restriction is not enforceable against a person without knowledge of the restriction. (3) A restriction on the transfer or registration of transfer of shares is authorized: (a) To maintain the corporation\u2019s status when it is dependent on the number or identity of its shareholders; (b) To preserve exemptions under federal or state securities law; or (c) For any other reasonable purpose. \u2026\", \"sentence\": \"Unless the restriction is noted on the certificate or in the information statement, a buyer without knowledge of it may not be bound, under Fla. Stat. \u00a7 607.0627.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0600-0699\/0605\/Sections\/0605.0502.html\", \"cite\": \"Fla. Stat. \u00a7 605.0502\", \"heading\": \"Transfer of transferable interest.\", \"support\": \"Does not entitle the transferee to: 1. Participate in the management or conduct of the company\u2019s activities and affairs\", \"verdict\": \"supported\", \"law_text\": \"\u2026 605.0503, a transfer, in whole or in part, of a transferable interest: (a) Is permissible; (b) Does not by itself cause a member\u2019s dissociation or a dissolution and winding up of the limited liability company\u2019s activities and affairs; and (c) Does not entitle the transferee to: 1. Participate in the management or conduct of the company\u2019s activities and affairs; or 2. Except as otherwise provided in subsection (3), have access to records or other information concerning the company\u2019s activities and affairs. (2) A transferee has the right to receive, in accordance with the transfer, distributions to which the transferor would otherwise be entitled. \u2026\", \"sentence\": \"A transfer of an LLC interest does not by itself give the buyer a management role, under Fla. Stat. \u00a7 605.0502.\"}, {\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/18a\", \"cite\": \"15 U.S.C. \u00a7 18a\", \"heading\": \"Premerger notification and waiting period\", \"support\": \"no person shall acquire, directly or indirectly, any voting securities or assets of any other person, unless both persons (or in the case of a tender offer, the acquiring person) file notification pursuant to rules under subsection (d)(1)\", \"verdict\": \"supported\", \"law_text\": \"(a) FilingExcept as exempted pursuant to subsection (c), no person shall acquire, directly or indirectly, any voting securities or assets of any other person, unless both persons (or in the case of a tender offer, the acquiring person) file notification pursuant to rules under subsection (d)(1) and the waiting period described in subsection (b)(1) has expired, if\u2014 \u2026 (A) in excess of $200,000,000 (as adjusted and published for each fiscal year beginning after September 30, 2004, in the same manner as provided in section 19(a)(5) of this title to reflect the percentage ch \u2026\", \"sentence\": \"Some larger deals need a federal premerger filing.\"}, {\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/18a\", \"cite\": \"15 U.S.C. \u00a7 18a\", \"heading\": \"Premerger notification and waiting period\", \"support\": \"and the waiting period described in subsection (b)(1) has expired, if\u2014\", \"verdict\": \"supported\", \"law_text\": \"(a) FilingExcept as exempted pursuant to subsection (c), no person shall acquire, directly or indirectly, any voting securities or assets of any other person, unless both persons (or in the case of a tender offer, the acquiring person) file notification pursuant to rules under subsection (d)(1) and the waiting period described in subsection (b)(1) has expired, if\u2014 \u2026 (A) in excess of $200,000,000 (as adjusted and published for each fiscal year beginning after September 30, 2004, in the same manner as provided in section 19(a)(5) of this title to reflect the percentage change in the gross national product for such fiscal year compared to the gross national product for the year ending September 30, 2003); \u2026\", \"sentence\": \"Depending on its size and structure, an acquisition may be subject to federal premerger notification requirements that can affect when the deal is able to close.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0500-0599\/0542\/Sections\/0542.335.html\", \"cite\": \"Fla. Stat. \u00a7 542.335\", \"heading\": \"Valid restraints of trade or commerce.\", \"support\": \"A court shall not enforce a restrictive covenant unless it is set forth in a writing signed by the person against whom enforcement is sought.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 542.18 and subsection (2), enforcement of contracts that restrict or prohibit competition during or after the term of restrictive covenants, so long as such contracts are reasonable in time, area, and line of business, is not prohibited. In any action concerning enforcement of a restrictive covenant: (a) A court shall not enforce a restrictive covenant unless it is set forth in a writing signed by the person against whom enforcement is sought. (b) The person seeking enforcement of a restrictive covenant shall plead and prove the existence of one or more legitimate business interests justifying the restrictive covenant. The term \u201clegitimate business interest\u201d includes, but is not limited to: 1. Trade secrets, as defined in s. 688.002(4). 2. \u2026\", \"sentence\": \"**Restrictive covenants.** A court will not enforce a non-compete or non-solicitation term unless it is in a writing signed by the person bound, under Fla. Stat. \u00a7 542.335.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0500-0599\/0542\/Sections\/0542.335.html\", \"cite\": \"Fla. Stat. \u00a7 542.335\", \"heading\": \"Valid restraints of trade or commerce.\", \"support\": \"a court shall modify the restraint and grant only the relief reasonably necessary to protect such interest or interests\", \"verdict\": \"supported\", \"law_text\": \"\u2026 If a contractually specified restraint is overbroad, overlong, or otherwise not reasonably necessary to protect the legitimate business interest or interests, a court shall modify the restraint and grant only the relief reasonably necessary to protect such interest or interests. (d) In determining the reasonableness in time of a postterm restrictive covenant not predicated upon the protection of trade secrets, a court shall apply the following rebuttable presumptions: 1. \u2026\", \"sentence\": \"A court must also narrow an overbroad restraint to what is reasonably necessary.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0000-0099\/0095\/Sections\/0095.03.html\", \"cite\": \"Fla. Stat. \u00a7 95.03\", \"heading\": \"Contracts shortening time.\", \"support\": \"Any provision in a contract fixing the period of time within which an action arising out of the contract may be begun at a time less than that provided by the applicable statute of limitations is void.\", \"verdict\": \"supported\", \"law_text\": \"Any provision in a contract fixing the period of time within which an action arising out of the contract may be begun at a time less than that provided by the applicable statute of limitations is void. History: ss. 1, 2, ch. 6465, 1913; RGS 2931; CGL 4651; s. 2, ch. 74-382.\", \"sentence\": \"**Filing deadlines.** A contract clause cannot shorten the time to sue.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0000-0099\/0095\/Sections\/0095.03.html\", \"cite\": \"Fla. Stat. \u00a7 95.03\", \"heading\": \"Contracts shortening time.\", \"support\": \"Any provision in a contract fixing the period of time within which an action arising out of the contract may be begun at a time less than that provided by the applicable statute of limitations is void.\", \"verdict\": \"supported\", \"law_text\": \"Any provision in a contract fixing the period of time within which an action arising out of the contract may be begun at a time less than that provided by the applicable statute of limitations is void. History: ss. 1, 2, ch. 6465, 1913; RGS 2931; CGL 4651; s. 2, ch. 74-382.\", \"sentence\": \"Under Fla. Stat. \u00a7 95.03, a shorter contract period is void.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0000-0099\/0095\/Sections\/0095.11.html\", \"cite\": \"Fla. Stat. \u00a7 95.11\", \"heading\": \"Limitations other than for the recovery of real property.\", \"support\": \"Actions other than for recovery of real property shall be commenced as follows:\", \"verdict\": \"supported\", \"law_text\": \"Actions other than for recovery of real property shall be commenced as follows: (1) WITHIN TWENTY YEARS.\u2014An action on a judgment or decree of a court of record in this state. (2) WITHIN FIVE YEARS.\u2014 (a) An action on a judgment or decree of any court, not of record, of this state or any court of the United States, any other state or territory in the United States, or a foreign country. \u2026\", \"sentence\": \"Filing deadlines generally come from Fla. Stat. \u00a7 95.11.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0213\/Sections\/0213.758.html\", \"cite\": \"Fla. Stat. \u00a7 213.758\", \"heading\": \"Transfer of tax liabilities.\", \"support\": \"A transferee may withhold a portion of the consideration for a business, assets of the business, or stock of goods of the business to pay the tax owed to the state by the transferor taxpayer arising from the operation of the business. The transferee shall pay the withheld consideration to the state within 30 days after the date of the transfer.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 The department may charge a fee for the cost of the audit if it has not issued a notice of intent to audit by the time the request for the audit is received. (b) A transferee may withhold a portion of the consideration for a business, assets of the business, or stock of goods of the business to pay the tax owed to the state by the transferor taxpayer arising from the operation of the business. The transferee shall pay the withheld consideration to the state within 30 days after the date of the transfer. If the consideration withheld is less than the transferor\u2019s liability, the transferor remains liable for the deficiency. \u2026\", \"sentence\": \"Under Fla. Stat. \u00a7 213.758, a buyer may withhold part of the price to pay the seller's state tax and must pay that amount to the state within 30 days after the transfer.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0213\/Sections\/0213.758.html\", \"cite\": \"Fla. Stat. \u00a7 213.758\", \"heading\": \"Transfer of tax liabilities.\", \"support\": \"If the consideration withheld is less than the transferor\u2019s liability, the transferor remains liable for the deficiency.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 The transferee shall pay the withheld consideration to the state within 30 days after the date of the transfer. If the consideration withheld is less than the transferor\u2019s liability, the transferor remains liable for the deficiency. (c) The Department of Legal Affairs may seek an injunction at the request of the department to prevent further business activity of a transferee who is liable for unpaid tax of a transferor and who fails to pay or cause to be paid the transferee\u2019s maximum liability for such tax due until such maximum liability for the tax is paid. \u2026\", \"sentence\": \"If the withholding falls short, the seller remains liable for the difference.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0213\/Sections\/0213.758.html\", \"cite\": \"Fla. Stat. \u00a7 213.758\", \"heading\": \"Transfer of tax liabilities.\", \"support\": \"The transferee, or transferees acting in concert, of more than 50 percent of a business, assets of the business, or stock of goods of a business who are liable for any tax pursuant to this section shall be jointly and severally liable with the transferor for the payment of the tax owed to the state from the operation of the business by the transferor up to the transferee\u2019s or transferees\u2019 maximum liability for such tax due.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 and 2. The department has provided at least 20 days\u2019 prior written notice to the transferee of its intention to seek an injunction. (5) The transferee, or transferees acting in concert, of more than 50 percent of a business, assets of the business, or stock of goods of a business who are liable for any tax pursuant to this section shall be jointly and severally liable with the transferor for the payment of the tax owed to the state from the operation of the business by the transferor up to the transferee\u2019s or transferees\u2019 maximum liability for such tax due. (6) The maximum liability of a transferee pursuant to this section is equal to the fair market value of the business, assets of the business, or stock of goods of the business transferr \u2026\", \"sentence\": \"A buyer of more than 50 percent of a business can also be jointly liable up to its maximum liability.\"}], \"languages\": [{\"code\": \"en\", \"post_id\": 168}, {\"code\": \"es\", \"post_id\": 169}]}","chg_sendback":"","chg_canonical":"","chg_lang":"","chg_hreflang":"[]","chg_jsonld":"[{\"@context\": \"https:\/\/schema.org\", \"speakable\": {\"@type\": \"SpeakableSpecification\", \"cssSelector\": [\"article > p:first-of-type\", \".wp-block-details p\", \"article > h1\"]}, \"author\": {\"@type\": \"Person\", \"name\": \"Kristina E. 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KEW Legal covers letters of intent, due diligence, deal structure and closing for Miami-Dade and South Florida owners.","footnotes":""},"class_list":["post-168","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/pages\/168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/comments?post=168"}],"version-history":[{"count":4,"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/pages\/168\/revisions"}],"predecessor-version":[{"id":5480,"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/pages\/168\/revisions\/5480"}],"wp:attachment":[{"href":"https:\/\/kewlegal.com\/resources\/wp-json\/wp\/v2\/media?parent=168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}