Bill of Sale with Warranty for Corporate Seller - Oklahoma 2025

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Does a bill of sale have to be notarized in Oklahoma? Yes. Oklahoma has a form called a Declaration of Purchase Price, which is equivalent to a bill of sale and is legally required for all private party transactions. This form needs to be signed in front of a notary public.
A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.
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.
In sales law, a warranty is an assurance or guarantee by the seller about the quality and features of the goods being sold. The general rule regarding the warranty of title in most sales contracts is that the warranty: arises automatically in most sales contracts.
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.
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Here is an example of how to write this clause: Seller warrants that it has good and marketable title to the goods, free and clear of any liens, encumbrances, or claims. Seller further warrants that it has full authority to sell the goods to Buyer and will defend Buyer against any claims to the title of the goods.
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.

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