Warranties

Where a person acquires shares in a company, subscribes for shares in a company or acquires an existing business, he will receive certain warranties in relation to the target company/business. Depending on the nature of the company or business in question, you may want specific warranties to cover particular aspects of the business.

For example, if you are acquiring a software development company, you will want warranties that are specially tailored to an IT company. Such warranties would of course be wholly different to those you would expect to receive in connection with the acquisition of a landscaping business. As such, it therefore becomes necessary in every case to tailor the warranties you are receiving to the target business/company in question.

Attached is a broad set of general warranties that cover a vast amount of areas (see below). You will need to review these warranties carefully, select those that will be most relevant to the target business/company you are acquiring (including where you are only acquiring a specific number of shares in that company) and add them to the warranties schedule of your share purchase agreement, business purchase agreement or share subscription agreement, as the case may be.

Make sure to take sufficient time to ensure that the warranties are tailored correctly to meet your needs!

Over 50 Pages of Warranties are included in this document and cover the following areas:

• General Information
• Companies Acts
• Transaction Since the Accounts Date
• Debts
• Bank and Other Borrowings
• Solvency
• Data Protection
• Information Technology and E-Commerce
• Agreements and Arrangements
• Assets
• Directors and Employees
• Safety, Health and Welfare at Work
• Properties
• Litigation and Disputes
• Insurance
• Breach of Agreements or Arrangements
• Suppliers and Customers
• Competition Law
• Capacity and Authority of the Company/Seller and the Warrantors
• Taxation

We’re proud to have helped thousands of people make online legal documents over the past 20 years.

• Save Money – Our service is simpler and cheaper than using a solicitor.
• Solicitor Prepared Documents – You will be using documents which have been prepared, reviewed and pre-approved by solicitors with years of document drafting experience.
• Compliant with English Law – You will be using tried and tested legal documents specifically tailored to comply with the laws of England & Wales.
• Advanced Features – Your documents will contain advanced solicitor-approved provisions not usually found in standard run-of-the-mill documents you find online.
• 20 Years in Business – DocuDraft was one of the first businesses to start selling legal documents online in the UK back in 2000.
• Trusted by Thousands – We have helped thousands of people in the UK to make legal documents over the past 20 years.
• Bank Level Security – Your information is encrypted and secured safely using the same encryption technology used by banks.

Managed by Solicitors

DocuDraft was founded in 2000 by, and is managed by, experienced UK solicitors who are recognised experts in their fields.

Easy to Use

We use our 20+ years of experience to help you figure out what you really want in a simple jargon-free way.

Help at Every Stage

Our customers are everything to us. So, we provide help to you at every stage of the document creation process.