Form Overview
The Bill of Sale favoring seller conveys title to certain assets to buyer with minimal risks and responsibilities for seller. The assets are defined in a list attached to the Bill of Sale by exhibit (not included). The purchase price and payment method is set forth, along with buyer representations. Buyer is responsible for any sales taxes and agrees to the adequacy of receiving the assets in exchange for payment. Buyer accepts the assets "as is" and indemnifies seller in connection with any claims arising out of the assets. The terms of the Bill of Sale may vary by state law so be sure to consult with local counsel before finalizing your drafts. You can find answers to your questions using our extensive library of
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