Bill of Sale without Warranty by Corporate Seller - Wyoming 2025

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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.
This Standard Document is a form of absolute bill of sale that parties to a sale of goods agreement use to transfer title or evidence title transfer concerning the purchase of tangible goods. It includes representations and warranties and discusses indemnification provisions.
Related Content. A representation is an assertion as to a fact, true on the date the representation is made, that is given to induce another party to enter into a contract or take some other action. A warranty is a promise of indemnity if the assertion is false.
A warranty disclaimer is a statement or clause in a contract that excludes or limits the sellers responsibility for certain warranties. This typically means that the seller is not guaranteeing that the product or service will meet specific standards or perform in a particular way.
If purchased from an individual, you will need a bill of sale. If purchased from an individual or not provided with a Wyoming Dealer`s Reassignment Form, at least one of the buyer`s must sign the purchaser`s application and have their signature notarized.
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A representation is basically an assertion of a past or existing fact, true on the date that it is made. It is generally given to induce another party to enter into a contract. A warranty on the other hand, is similar to a representation but it refers to the present or future i.e. a present or future promise of a fact.
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.

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