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About This Document
Quitclaim bills of sale are important business documents. Although they do not afford a buyer the same protection from third-party ownership claims provided by warranties, they do allow for quick and simple transfers of property. In certain situations, sellers cannot specifically prove their title to assets, but this does not mean that they do not own that property. A quitclaim deed allows those sellers to transfer their interests without an exhaustive and expensive search for ownership documents, documents that may seldom be needed. Moreover, bills of sale, whether quitclaim or warranty, are a required part of a company’s financial documents, useful for tax reporting and general accounting purposes.
If you follow the enclosed model and guidelines, you will have a written acknowledgment of your property sale, which will provide essential documentation of your ownership rights, and you will be well on your way to establishing a new record of title for any property purchased.
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Word Document
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62 kb
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1540
Posted:
08/07/09
Categories
DocStore > Agreements > Purchase and Sale Agreements
Tags
quitclaim deed, quitclaim, quitclaim deed form, quitclaim deeds, printable quitclaim deed

Bill of Sale - Quitclaim

QUITCLAIM BILL OF SALE BE IT KNOWN, that for good and valuable consideration, and in payment of the sum of $ __________, the receipt and sufficiency of which is hereby acknowledged, the undersigned ___________________ ( the “Seller”) hereby grants, sells, and transfers to _____________________(the “Buyer”) and its heirs, executors, administrators, successors, and assigns forever, with quitclaim covenants only, the following described personal property (the “Property”): ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ The Seller hereby sells and transfers only such right, title, and interest as it may hold. The Property is sold subject to such prior liens, encumbrances, and adverse claims, if any, that may exist, and the Seller disclaims any and all warranties thereto. The Property is further sold in “as is” condition and where presently located. Signed this ___________ day of ______________, 20____. In the presence of: Seller: ____________________ Address:____________________ _____________________ Witness: __________________ Address: __________________ __________________ Bill of Sale (Quitclaim)