Create a Customized Bill of Sale

This template was prepared by: Anne Louise KERDREUX, Anne Louise KERDREUX (Former ALTHEIS LTD closed 29.08.2017)

Instructions

Bill of same is a legal document that details in writing a sale of goods or transfer of any property from seller to purchaser and serves as legal evidence.

Bill of Sale

In consideration of
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The Purchaser is:
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of
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( the " Purchaser ")
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providing
+ In Words
,
sales taxes (the 'Purchase Price'), the receipt and sufficiency of which consideration is hereby acknowledged, to
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The Seller is:
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of
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( the " Seller "),
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the Seller sells and delivers the Property to the Purchaser.
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Choose type of property being sold:
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1
Property
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The Seller will sell and deliver to the Purchaser the following motor vehicle (the 'Property'):
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-
, brand:
, model:
, year:
, body type:
, vehicle identification number (VIN):
, odometer reading:
.
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2
Purchase price
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The Purchaser will pay the Purchase Price the Seller by
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3
Warranties
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Does the Property have a lien or encumbrance that will not be paid by the Seller?
The Seller warrants that:
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- the Property is free of any liens and encumbrances except liens and encumbrances specified in this Bill of Sale;
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- the Seller is the legal owner of the Property;
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- the Seller has the full right and authority to sell and deliver the Property;
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- the Seller will defend the title of the Property against any and all claims and demands.
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4
Security Interest
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The Purchaser will assume and pay the following obligations (the "Security Interest") and will hold harmless and indemnity the Seller from any claim related to these obligations:
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-
.
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Is the Property sold 'AS IS'?
Generally, the Seller has to disclose known latent defects of the Property. These are defects that the Seller are aware of and are not easily discoverable upon a reasonable inspection of the Property. An “AS IS” clause eliminates the Seller’s duty to disclose latent defects of the Property. This clause protects the Seller in a lawsuit by the Purchaser for damages incurred by the seller’s failure to disclose a defect of the Property, except if the seller is found to have engaged in “active fraud”.
Generally, the Seller has to disclose known latent defects of the Property. These are defects that the Seller are aware of and are not easily discoverable upon a reasonable inspection of the Property. An “AS IS” clause eliminates the Seller’s duty to disclose latent defects of the Property. This clause protects the Seller in a lawsuit by the Purchaser for damages incurred by the seller’s failure to disclose a defect of the Property, except if the seller is found to have engaged in “active fraud”.
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5
As Is Condition
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The Purchaser acknowledges that the Property is sold 'as is'. The Seller expressly disclaims any implied warranty as to fitness for a particular purpose and any implied warranty as to merchantability. The Seller expressly disclaims any expressed or other implied warranties.
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6
Working order
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Any warranty as to the condition or working order of the Property is expressly disclaimed by the Seller.
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7
Manufacturer's Warranty
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Any disclaimer of warranties by the Seller in this Bill of Sale will not in any way affect the terms of any applicable national and international warranties from the manufacturer of the Property.
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8
Liabilities
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The Seller does not assume or does the Seller authorise any other person on the behalf of the Seller to assume any liability in connection with the sale or delivery of the Property.
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9
Inspection
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The Purchaser accepts the Property in its existing condition given that the Purchaser has either inspected the Property or was given opportunity to inspect the Property but chose not to inspect it.
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10
Applicable law
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This Bill of Sale shall be governed by and construed in accordance with the laws of Country of
.
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IN WITNESS WHEREOF, the Purchaser and the Seller have duly affixed their signatures on
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SIGNED, SEALED AND DELIVERED
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__________________________________
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_____
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Do you want add also Purchaser signature?
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SIGNED, SEALED AND DELIVERED
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__________________________________
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_____
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I would like my document reviewed by a solicitor’s office
Anne Louise KERDREUX | Anne Louise KERDREUX (Former ALTHEIS LTD closed 29.08.2017)
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