BILL OF SALE – WITH ENCUMBRANCES
7:34 AM Posted by Blony
BETWEEN: [SELLER NAME] (the “Seller”) , a corporation organized and existing under the laws of the [STATE/PROVINCE], with its head office located at:
AND: [BUYER NAME] (the "Buyer"), a corporation organized and existing under the laws of the [STATE/PROVINCE], with its head office located at:
FOR GOOD AND VALUABLE CONSIDERATION, the Seller hereby sells and transfers possession of the following goods in their present condition and location to the Buyer, and its successors and assigns forever, the following described goods:
[DETAILED LIST OF GOODS].
The Seller warrants that it owns the goods but stipulates that they are being sold subject to the following encumbrance(s) in the following amount(s):
[ENCUMBRANCE DESCRIPTION - ENCUMBRANCE AMOUNT].
The Buyer acknowledges buying the goods subject to the above encumbrance(s) and promises to pay the encumbrance(s) and to indemnify and save the Seller harmless from any claim(s) based on failure to pay off the encumbrance(s).
Executed under seal in duplicate on [DATE].
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on [DATE].
BUYER SELLER
Authorized Signature Authorized Signature
Print Name and Title Print Name and Title
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BILL OF SALE – WITH ENCUMBRANCES
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