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Bill of Sale with Warranty for Corporate Seller - Oklahoma

Bill of Sale with Warranty for Corporate Seller - Oklahoma 2025

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The document is a Warranty Bill of Sale, outlining the sale of personal property from a seller (a corporation) to a purchaser for a specified amount. It includes assurances from the seller regarding ownership and the right to sell the property, as well as a commitment to defend the sale against any claims. The document requires signatures and notarization to validate the transaction.

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Does a bill of sale in Oklahoma need to be notarized?

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.

What is the warranty of title on a bill of sale?

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.

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 general rule regarding the warranty of title?

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.

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.

What is an example of a warranty of title?

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.

What is the warranty on the bill of sale?

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.

Bill of Sale with Warranty for Corporate Seller - Oklahoma 2025

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Does a bill of sale in Oklahoma need to be notarized?

What is the warranty of title on a bill of sale?

What is a special warranty bill of sale?

What is the general rule regarding the warranty of title?

What is the bill of sale representations and warranties?

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Bill of Sale with Warranty for Corporate Seller - Oklahoma 2025

Here's how it works

How to modify Bill of Sale with Warranty for Corporate Seller - Oklahoma in PDF format online

Complete this form in 5 minutes or less

Got questions?

Does a bill of sale in Oklahoma need to be notarized?

What is the warranty of title on a bill of sale?

What is a special warranty bill of sale?

What is the general rule regarding the warranty of title?

What is the bill of sale representations and warranties?

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