Sale and purchase of business is not like selling or buying a candy, that when you pay, all is yours. This is a process that is a little critical and crucial. When buying or selling a business, it should happen in a very smooth manner, with the help of a lawyer.
A corporate lawyer is needed to ensure that the transfer of all paperwork and transaction are happening in the right manner, and no issues will happen afterwards. If you are on the receiving end, you do not want any issues after you make a business purchase. Of course, what you want is to focus on how to make the business progress and not fix unexpected issues. With the help of a lawyer, everything will be done right. I mean, they know everything, they know the right process, hence your worries about issues will be gone.
Commissioner for oath may be needed to ensure that both parties are highly aware of what they are getting into and they know the responsibilities included to what they sign. Not all the time a lawyer can act as a commissioner to take affidavits, yet they know what to do and how to do it to legalize everything.
The seller and the buyer need to have a lawyer to represent them at all time during transactions. This is to remove all the responsibility to business seller and transfer it to the buyer, and take all the rights from the seller going to the buyer. Trust is not highly recommended in buying and selling businesses, as it should be legalized.