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		<title>quit claim for a business</title>
		<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
		<description>quit claim for a business</description>
		<lastBuildDate>Thu, 14 Sep 2006 14:15:45 GMT</lastBuildDate>
		
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				<title><![CDATA[Jerik,
Before you try to put to]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[Jerik,
Before you try to put together a financing package - you need to do more investigation (due diligence) especially on the financial picture.
I would want to know why the present owner is so anxious to get the cash out.
&nbs]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661543</guid>
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				<title><![CDATA[I see your point...&nbsp; I stil]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[I see your point...&nbsp; I still have to begin an investigation of the business.&nbsp; Perhaps during this time I`ll find things out that hasn`t been addressed yet or wasn`t brought up for a reason.&nbsp; Thanks for your input Mitchell...
Jerik]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661542</guid>
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			<item>
				<title><![CDATA[&nbsp;
If you want to use a let]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[&nbsp;
If you want to use a letter of credit, I see no reason why not.&nbsp; But why would you want to?&nbsp; What is appealing to you about it?]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661541</guid>
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				<title><![CDATA[Yes I know Mitchell... So does t]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[Yes I know Mitchell... So does that mean I can possibly use such a tool?&nbsp; Or is there another angle I`m not aware of...
I`m looking at it like this... If there is a quit claim specifically for real estate transactions, is there any such tec]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661540</guid>
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			<item>
				<title><![CDATA[&nbsp;
Usually acquisition fina]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[&nbsp;
Usually acquisition financing is through a mix of equity and secured debt financing, seller financing, A/R financing, subordinated debt or debentures.&nbsp; Typically, letters of credit are used by a]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661539</guid>
			</item>
			<item>
				<title><![CDATA[Quick question...
I was doing m]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[Quick question...
I was doing more research on my topic here, and came across the use of a letter of credit.&nbsp; I understand its mostly used internationally for import/export, but is it ever used (or can it),for a purpose like the one I propo]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661538</guid>
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			<item>
				<title><![CDATA[Thanks again Mitchell,
Those th]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[Thanks again Mitchell,
Those things have crossed my mind as well but not as detailed.
I am still investigating this business but being in a different state, I can only go so fast.&nbsp; So I will keep what everyone has mentioned during t]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661537</guid>
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			<item>
				<title><![CDATA[&nbsp;
Jerik,
Here is the situ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[&nbsp;
Jerik,
Here is the situation.&nbsp; You are buying a business.&nbsp; I don`t knwo what information about the business you possess, but you need to have an understanding of what the financials actually are, and verify that the fact]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661536</guid>
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				<title><![CDATA[Thanks Mitchell.&nbsp; Best answ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[Thanks Mitchell.&nbsp; Best answer yet!
A purchase agreement... Thats great.&nbsp; And can this be accomplished over the phone between the owner and buyer,&nbsp;or do we need attorneys on both ends from start to finish?
Jerik]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661535</guid>
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			<item>
				<title><![CDATA[Jerik,
You need a purchase agre]]></title>
				<link>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm</link>
				<description><![CDATA[Jerik,
You need a purchase agreement that spells out a number of items.&nbsp; This needs to be thought through.&nbsp; How you allocate the purchase price will matter as well.&nbsp; 
My two cents.&nbsp; 
Mitchell]]></description>
				<pubDate>Thu, 14 Sep 2006 14:15:45 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/quit-claim-for-a-business.htm#661534</guid>
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