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2. Create a Bill of Sale. Some states require a bill of sale when you transfer a car title. It may be a good idea to always create a bill of sale, just in case. A bill of sale is a document that ...
These documents include the car title, lease buyer paperwork, bill of sale, and odometer statement. The lessor can do the title transfer paperwork on your behalf, but it may charge you a ...
In essence, a bill of sale is a written instrument showing the voluntary transfer of a right or interest or title to personal property, either by way of security or absolutely, from one person to another without the actual physical possession of the property leaving the owner and being delivered to the other party.
For such items, possession is the simplest indication of title, unless the circumstances give rise to suspicion about the possessor's ownership of the item. Proof of legal acquisition, such as a bill of sale or purchase receipt, is contributory. The transfer of possession to a good faith purchaser will normally convey title if no document is ...
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In Italy, each transfer of real estate must be registered in front of a notary public in writing. The common practice is for an "exchange of contracts" to take place. This involves two copies of the contract of sale being signed, one copy of which is retained by each party.
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