Bills of Sale | Practical Law

Bills of Sale | Practical Law

A Practice Note giving an overview of the types and uses of absolute and conditional bills of sale. It focuses on absolute bills of sale for the sale of goods and discusses certain state law absolute bill of sale requirements, but also deals with the use of conditional bills of sale as conditional sale contracts. This Note also includes an explanation of whether a bill of sale is required for a transaction, and how parties use bills of sale to evidence and convey title and to impose representations and warranties and indemnification obligations.

Bills of Sale

Practical Law Practice Note 6-524-1204 (Approx. 12 pages)

Bills of Sale

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Practice Note giving an overview of the types and uses of absolute and conditional bills of sale. It focuses on absolute bills of sale for the sale of goods and discusses certain state law absolute bill of sale requirements, but also deals with the use of conditional bills of sale as conditional sale contracts. This Note also includes an explanation of whether a bill of sale is required for a transaction, and how parties use bills of sale to evidence and convey title and to impose representations and warranties and indemnification obligations.