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Bill of Sale with Warranty for Corporate Seller - Mississippi

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The document is a Warranty Bill of Sale, outlining the sale of personal property from a seller (corporation) to a purchaser for a specified amount. It includes the seller's assurance of ownership and authority to sell the property, as well as a warranty against claims from others. The document requires signatures from both parties and acknowledgment by a notary public.

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Do you need a bill of sale in Mississippi?

No, a bill of sale is not required unless there isnt a spot on the title to write the purchase price. However, its always a good idea to have a bill of sale signed by the seller and the buyer with a copy for both to transfer ownership and give legal protection to both parties.

How do I transfer ownership of a car in Mississippi?

What Youll Need to Do to Transfer your Vehicle Title in Mississippi The seller must properly sign the title over to the buyer. Complete an Odometer Disclosure Statement (Form 78-015). Visit any DMV office near you. Submit the required documents, your application, and pay for the title fee.

What is needed to sell a car in Mississippi?

Tips for Selling Your Car in Mississippi The vehicle and all keys/remotes. The cars owners manual. Valid state-issued photo ID. Title or loan payoff information. Vehicle registration.

Can you register a car without a title but a bill of sale?

Can you register a car with a bill of sale and no title? Generally you cant, although in some states you can buy a car from someone not listed on the title, so long as you also get a bill of sale signed by both the seller and title holder. The bill of sale is a sales contract combined with a receipt.

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

What is a special warranty bill of sale?

A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during their ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.

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.

Does Mississippi require a bill of sale?

Some states require a bill of sale for a private vehicle transaction, but Mississippi is not one of them unless there isnt a spot on the title to record the purchase price. While a bill of sale usually isnt required, its always a good idea to have one. The official Mississippi bill of sale document is form 78013188.

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