VIEWS: 35 PAGES: 5 CATEGORY: Buying and Selling POSTED ON: 11/24/2011
This Bill of Sale of Personal Property (With Warranty) is a document which can be used to sell your personal property with warranty which includes a corresponding obligation for someone else to purchase the property. This agreement adequately secures the rights and obligations of both seller and purchaser.
Docstoc Legal Agreements This Bill of Sale is a written acknowledgment of the transfer of ownership of property between a buyer and a seller. It includes a warranty provision whereby the seller warrants to have good and marketable title to sell and transfer the property. The seller further warrants to defend the buyer against any adverse claims to the property. This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements, as well as optional language to allow for customization to ensure the specific terms of the parties� agreement are addressed. This document should be used by individuals located in Tennessee when buying or selling personal property with certain warranties. ® DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. 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All Rights Reserved BILL OF SALE OF PERSONAL PROPERTY (WITH WARRANTY) State of Tennessee County of ______________________ [Instruction: Insert the County] KNOW ALL PERSONS BY THESE PRESENTS: THAT I, ________________________________ [Instruction: Insert the name of seller], (hereinafter “Seller”), residing at _________________________________ [Instruction: Insert the address of seller], County of _________________________ [Instruction: Insert the County], State of ________________________ [Instruction: Insert the State] in consideration of the payment of the sum of ________ ($___) [Instruction: Insert the consideration amount e.g., five hundred dollars only ($ 500)] receipt of payment acknowledged, do hereby sell and transfer to ________________________________ [Instruction: Insert the name of buyer], (hereinafter “Buyer”), residing at ________________________________ [Instruction: Insert the address of buyer], County of ________________________ [Instruction: Insert the County], State of ________________________ [Instruction: Insert the State] his/her successors and assigns, the following described personal property (hereinafter “Property”): ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ [Instruction: Insert description that clearly identifies and distinguishes the property]. Seller warrants that he/she is the lawful owner in every respect of all of the Property and that it is free and clear of all liens, security agreements, encumbrances, claims, demands, and charges of every kind whatsoever. © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2 This Agreement binds Seller, his/her successors and assigns, to warrant and defend the title to all of the Property to Buyer, his/her successors and assigns, forever against every person lawfully claiming the Property or any part of it. This Bill of Sale shall be effective as to the transfer of all Property listed in it as of ____ [Month] ____ [Date] 20____ [Year]. IN WITNESS WHEREOF, this Bill of Sale is executed on ____ [Month] ____ [Date] 20____ [Year]. _________________________________ [Instruction: Insert signature of seller] __________________________________________ [Instruction: Insert typed/printed name of seller] __________________________________ [Instruction: Insert signature of witness] __________________________________________ [Instruction: Insert typed/printed name of witness] © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 3 ACKNOWLEDGMENT State of Tennessee County of ____________________ Before me, the undersigned authority, on this day appeared ____________________________ [name of seller], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the instrument for the purposes and consideration expressed in the instrument. Given under my hand and seal of office on _________________ [date]. [Notarial Seal] __________________________________ Notary's Signature __________________________________ Notary's Typed Name NOTARY PUBLIC My commission expires: ______________. © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 4 © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 5
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