Equipment Bill of Sale
Equipment Bill of Sale
This Bill of Sale is made on [Month Day, Year], by and between [Your Company Name] ("Seller"), a corporation with its principal place of business located at [Your Company Address], and [Your Partner Company] ("Buyer"), a limited liability company with its principal place of business located at [Your Partner Company Address].
1. EQUIPMENT DESCRIPTION
The Seller agrees to sell and the Buyer agrees to purchase the equipment described below:
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Equipment Type: |
Industrial Lathe |
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Brand: |
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Model: |
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Serial Number: |
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Condition: |
2. PURCHASE PRICE
The total purchase price for the equipment is fifteen thousand dollars ($15,000), payable in full by the Buyer to the Seller upon execution of this Bill of Sale. The payment shall be made via electronic transfer to the Seller’s designated account.
3. WARRANTIES AND REPRESENTATIONS
The Seller warrants that they are the legal owner of the equipment and that the equipment is free from all encumbrances, liens, and claims. The Seller makes no other warranties, express or implied, concerning the equipment, including but not limited to any warranties of merchantability or fitness for a particular purpose.
4. TRANSFER OF OWNERSHIP
The Seller agrees to transfer all rights, title, and interest in and to the equipment to the Buyer upon receipt of the purchase price. The Seller will provide the Buyer with any necessary documentation to effectuate the transfer of ownership.
5. GOVERNING LAW
This Bill of Sale shall be governed by and construed in accordance with the laws of the State of [State].
6. ENTIRE AGREEMENT
This Bill of Sale constitutes the entire agreement between the parties and supersedes all prior agreements or understandings, whether written or oral, relating to the subject matter hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Bill of Sale as of the day and year first above written.
Seller's Signature:
[Your Name]
[Job Title]
[Your Company Name]
[Month Day, Year]
Buyer's Signature:
[Name]
[Job Title]
[Your Partner Company Name]
[Month Day, Year]
