BILL OF SALE
A
well-drafted Bill of Sale will:- Identify and describe the asset(s) being sold.
- Identify and describe the purchase price and terms of payment.
- Provide for the transfer of title to the asset(s), free and clear of all encumbrances.
- Include warranties, if any, as to the condition of the asset(s).
Used to record terms of sale or conveyance of goods/chattels
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