Bill of Sale without Warranty by Corporate Seller - California 2025

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The document is a Quitclaim Bill of Sale, wherein a corporation (Seller) transfers ownership of specified personal property to a Purchaser in exchange for a stated sum of money. It includes details about the property, the parties involved, and an acknowledgment section for notarization.

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What is the warranty of sale?

Sales warranties are guarantees that sellers make to people who purchase goods from them. The sales warranty rules apply only to the sale of goods, that is, tangible items. Sales warranties do not apply to sales of services or property.

What is the difference between a warranty bill of sale and a bill of sale?

A warranty bill of sale offers protections for the buyer that a simple receipt does not. This kind of bill of sale clearly details what is being sold and gives a guarantee to the buyer about the sellers ownership rights. The bill of sale promises that the buyer holds full and clear title to the item sold.

Is a handwritten bill of sale legal in California?

While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper. Whats most important is to include all of the pertinent details in the bill of sale in order to protect both parties.

What voids a bill of sale?

If the seller withholds information from the buyer, or misrepresents the value of an item, this may render a bill of sale null and void.

Are bills of sale legally binding?

Because a bill of sale is a legally binding document, when drafting a bill of sale, it is very important to comply with your states requirements and these requirements can vary by state.

What needs to be on a bill of sale in California?

How to write a California bill of sale Include the buyers name, the sellers name, and both parties contact information. Provide a detailed description of the item being sold. State the agreed-upon purchase price for the item being sold.

What is the bill of sale representations and warranties?

A representation is a statement of fact that is true to the best of the makers knowledge on the effective date of the representation. For instance, Seller represents that Seller has the authority to transfer this company. A warranty gives the buyer indemnification if the representation is false.

How do you make a bill of sale legally binding?

A notarized bill of sale is a legally binding document that verifies the transfer of ownership for an item or property. It is signed by the seller, buyer, and a notary public, who confirms the identities of the parties and ensures the documents authenticity and legality.

Bill of Sale without Warranty by Corporate Seller - California 2025

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