An ASD is a fairly accurate business example of real events: mom and dad help spend their son for the first few months he works, but soon enough he will be able to take care of everything himself. It`s not as if, at first glance, ASD is complex; But it`s what`s written in the TSA deal that causes a lot of potential headaches and hiccups. A transition service agreement (TSA) is an agreement between a buyer and a seller in which the seller enters into its services and know-how with the buyer for a certain period of time in order to support the buyer and get used to its newly acquired assets, infrastructure, systems, etc. The following comments and questions better represent “things to ask yourself”, not “this is what you need to do to have successful ASD” – apart from the fact that all participants should be communicated and that the agreement should of course be very well detailed. For example, a large car dealership may choose to sell a department to a smaller, emerging car company, and part of its business includes the large car dealership that supports the emerging car company with its HR, IT and accounting divisions for about six months. In theory, ASD is pretty simple, and you`d rightly expect it. Parties: ALTISOURCE ASSET MANAGEMENT CORP | Altisource Asset Management Corporation | | Front Yard Residential Corporation Vorgarten Residential GP LLC | Garden, LP | FYR LP Law Firm: Goodwin Procter; Weil Gotshal Document Date: 18.08.2020 Current law:New York Learn more about FindLaw`s newsletters, including our terms of use and privacy policy. Parties: RESOURCE REAL ESTATE OPPORTUNITY REIT, INC. | C-III CAPITAL PARTNERS LLC | Resource America, Inc| Newco LLC Resource | RESOURCE REAL ESTATE OPPORTUNITY OP, LP | Opportunity REIT Real Estate Resource, Inc | Resource Real Estate, LLC Document date: 9/11/2020 Applicable law:Delaware Email address cannot be subscribed. Please try again. Imagine this: an ASD says, “Seller, you`re going to help the buyer for a while.” But what kind of “help” does the seller have? Below are some thoughts to better understand the time and effort involved in planning an ASD. Please understand with understanding that ASD is extremely unique in the situation. Parties: STEADFAST APARTMENT REIT, INC.

| STAR and Steadfast Apartment REIT Operating Partnership, LP | Standfast Apartment REIT, Inc | Steadfast Investment Properties, Inc | Steadfast REIT Investments, LLC Law firm: Morrison Foerster;DLA Piper Document Date: 03.09.2020 Applicable law:California This site is protected by reCAPTCHA and Google`s privacy policy and terms of service apply. . . .