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According to Omotola the bill of sale is "a form of legal mortgage of chattels". Bullen and Leake and Jacobs define a bill of sale as "a document transferring a proprietary interest in personal chattels from one individual (the 'grantor') to another (the 'grantee'), without possession being delivered to the grantee".
Money is the most common form of consideration, but other consideration of value, such as other property in exchange, or a promise to perform (i.e. a promise to pay) is also satisfactory. Notarization by a notary public is normally not required for a real estate contract, but many recording offices require that a seller's or conveyor's ...
When the conditions on the sale contract have been met, legal title passes to the buyer in what is known as closing. In England and Wales , the terms "purchaser" and "vendor" are used. [ 1 ] Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality.
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Contract for future sale; Denmark. Danish Sale of Goods Act; Germany. Contracts of sale are covered in the Schuldrecht section of the Bürgerliches Gesetzbuch or German Civil Code, sections 241-853. United Kingdom. Sale of Goods Act 1893; Sale of Goods Act 1979; Consumer Rights Act 2015; Bill of sale; Part exchange; Tendering; Implied condition
On Sunday, 179 people were killed as a plane touched down in South Korea, making it the deadliest plane crash in South Korea's history.. Two of the six Jeju Air crew members are the only survivors ...
Shop staff were robbed at knifepoint during a "terrifying incident" that resulted in £80 being stolen, police have said. A man in his 20s has been arrested on suspicion of robbery in connection ...
Josh Hart had 23 points, 15 rebounds and 10 assists for his third triple-double of the season, Karl-Anthony Towns had 32 points and 13 rebounds, and the New York Knicks beat the Washington Wizards ...