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Bill of Sale without Warranty by Corporate Seller - New Mexico

Bill of Sale without Warranty by Corporate Seller - New Mexico 2025

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The document is a Quitclaim Bill of Sale, wherein a corporation (Seller) transfers its interest in specified personal property to a Purchaser for a stated monetary consideration. It includes details about the property, the parties involved, and requires acknowledgment by a notary public.

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How to prove you sold a car without a bill of sale?

You can get blank forms from your local DMV; fill one out (make model, serial number, VIN number, license plate number, Mileage reading and description of the car youre selling; buyers name, address, phone, and Drivers License number; your name, address, phone, and Drivers License number).

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.

Does New Mexico require a bill of sale?

While drafting a bill of sale is good standard practice for the purchase of many big-ticket items, they are not required for the purchase of boats or motor vehicles in the state of New Mexico unless the title is missing. You can use the form the state of New Mexico provides (MVD 10009), or you can draft your own.

How do I get a bill of sale notarized without the seller?

You might be wondering, can I get a bill of sale notarized without the seller? In some cases, a notary public can notarize one partys bill of sale signature. This might happen if theyre absent but have consented to another individual signing on their behalf.

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.

Is a warranty deed the same as a bill of sale?

A deed (warranty or otherwise) is written evidence of the transfer of ownership of real estate. A bill of sale is written evidence of the transfer of ownership of a tangible object (i.e., not real estate). The deed that you signed establishes the date of the sale.

Is a bill of sale a legally binding document?

Yes, a bill of sale is generally considered legally binding whether its notarized or not. While notarization adds authenticity and may be required in some jurisdictions, its absence does not invalidate the bill of sales validity.

What makes a bill of sale legitimate?

Your bill of sale shows proof that both buyer and seller had legal intent to transfer ownership of any given item. Because of this, your bill of sale protects both parties involved in the sale from any malicious legal issues.

Bill of Sale without Warranty by Corporate Seller - New Mexico 2025

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