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This Quitclaim Bill of Sale is a legal instrument that transfers the ownership of a person's tangible personal property. This bill of sale transfers only the interest that the seller possesses at the time of the sale. It contains no warranties and expressly states that the property is sold "as is". Quitclaim bills of sale are often used when the seller cannot prove ownership or does not want to warrant title. Another common use for this type of bill of sale is by a trustor when funding his or her personal effects into a revocable living trust. This document should be used by individuals or entities located in Pennsylvania to transfer personal property.
Quitclaim Bill of Sale This Quitclaim Bill of Sale is a document that transfers the right, title or claim to ocstoc Legal Agreements another person. It confirms and proves the transfer of the right or title to the property. Additionally, it serves as a sales receipt in business. ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY, INCLUDING AS TO LEGAL EFFECT OR COMPLETENESS. They are for guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state. Use at your own risk. Docstoc, its employees or contractors who wrote or modified any form, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. The information and forms ® are not a substitute for the advice of your own attorney. Subject to our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15). 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Entire document © Docstoc, Inc., 2010, 2011 Attorney Drafted © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 1 QUITCLAIM BILL OF SALE BE IT KNOWN, for good consideration, and in consideration of the payment of _____________ ($____) [Twenty thousand dollars ($20,000)], the receipt and sufficiency of which is acknowledged, the undersigned ________________________ [Instruction: Insert the name of seller] (the “Seller”) hereby sells, transfers, assigns and conveys unto ________________________ [Instruction: Insert the name of buyer] (the “Buyer”) and its successors and assigns forever with quitclaim covenants only, the following described property: ______________________________________________________________________________ ______________________________________________________________________________ [Instruction: Insert the address and legal description of the property] The Seller hereby sells and transfers only such right, title and interest as it may hold and that said chattels sold herein are sold subject to such prior liens, encumbrances and adverse claims, if any, that may exist, and the Seller disclaims any and all warranties thereto. Said assets are further sold in "AS IS" condition and where presently located. Signed this _____ [Month] _____ [Date], 20____. In the presence of: ____________________________________ [Instruction: Insert the signature of Seller] _________________________________________ [Instruction: Insert typed/printed name of Seller] ____________________________________ [Instruction: Insert the signature of Buyer] _________________________________________ [Instruction: Insert typed/printed name of Buyer] _____________________________________ [Instruction: Insert the signature of Witness] © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2 ___________________________________________ [Instruction: Insert typed/printed name of Witness] © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 3 Note: Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific circumstances and requirements. You will want to delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”) after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the laws of your state ◊Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,” or something similar, or there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user chooses, and that there is no law governing what the information or number should be, you might want to verify this, including by consulting with your own attorney practicing in your state, and be reasonable. INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS, ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Your use of this document is deemed to be your agreement to the foregoing, the disclaimers on the cover page, and that you have read and agree to our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15), as well as our disclaimer that Legal information is not legal advice, and the important content available here: Read More (http://www.docstoc.com/popterm.aspx?page_id=114) © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 4
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