Glossary · Doing the deal
In short
The official process of moving ownership of assets or property from the seller to the buyer. This formalizes your acquisition of the business.
Upon closing your SBA 7(a) acquisition, the legal title transfer for all business assets (and potentially real estate) takes place. This involves filing appropriate documentation, such as UCC filings for business assets and deeds for real estate, to officially record your ownership. Ensure all assets are properly identified and transferred.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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