Alabama Bill of Sale for Personal Property is a legal instrument intended to provide documentary evidence of a sale/purchase transaction of personal property within Alabama State. The document also serves as a receipt for the financial transaction between the seller/s and the buyer/s.
Notarization of the document is mandatory. However, witness signature is necessary only when necessitated by state law. Alabama Bill of Sale for Personal Property is not suited for real estate transactions. The seller signing the Bill of Sale does not undertake to offer any warranty and sells the personal property as is. Furthermore, the seller indemnifies the buyer from any liabilities, claims, and limitations of whatsoever manner and provides the fullest legal rights to enjoy the property. Read the terms, conditions, and limitations provided in the document carefully before proceeding.
- Alabama Bill of Sale for Personal Property covers provisions only mentioned in it and none of the parties is liable to accept any claims beyond the scope of the document.
- Do not use the form for real estate transactions.
- Make copies of the document upon completion and notarization to distribute them among all concerned.
- Notarization of the Alabama Bill of Sale for Personal Property is mandatory; however, witness signature is necessary upon the governance of the state law demanding so.
- Furnish all details truthfully and legibly.
- Amount of the sale of the personal property mentioned in the Alabama Bill of Sale for Personal Property is considered as a base value for computing taxes for the buyer.
- Submitting duly completed form Alabama Bill of Sale for Personal Property is necessary during the transfer of the title.
Alabama Bill of Sale for Personal Property requires inputs of details and signatures. Furnish the name of the county, followed by name/s of seller/s and address/es in the spaces provided for the same. Continue by entering the name/s of buyer/s and address/es. Enter the name of the county to define the jurisdiction.
Enter the amount in US dollar in the next portion of Alabama Bill of Sale for Personal Property. Continue by describing the property in detail. This portion defines the scope of the property under the sale/purchase transaction.
Furnish the address of the seller as well as buyer, to serve notice if any. Delivery of the notice to these addresses assumes notice/s served on the respective party/ies.
Provide the date of execution of Bill of Sale. Continue by entering the name/s of the seller/s signature/s, street address, city, state, and zip code. Enter the date on which the document is signed. Furnish similar details along with the signature and date of signature of buyer/s in the respective fields.
The succeeding portion has space for name, address, and signature of the witness if required by the state law. Leave blank otherwise. Continue with Notary Acknowledgement section. Inputs requires here are the name of the county of Alabama State, date, name of the Notary Public, name/s of the parties involved along with the seal and signature of the Notary Public and date of commission expiry.
Text Version of this Form
State of Alabama
County of _________
KNOW ALL PERSONS BY THESE PRESENTS:
THAT I/WE, ______ (name(s)), Seller, of ______ (address), ______ County, Alabama, do hereby sell and transfer to ______ (name(s)), Buyer, of ______ (address), ______ County, _______ [state], the following described personal property located in the County of _______, State of Alabama.
For the payment of the sum of $ __________ by BUYER and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, SELLER does hereby sell, transfer, and convey to BUYER and his heirs, executors, administrators, and assigns the following described property:
(Fully describe the item(s), property, etc., that is being sold, and then delete this paragraph. *** Note: Do not use this form for real estate transactions ***)
Further Assurances. In connection with this Bill of Sale and the transactions contemplated hereby, each party to this Bill Of Sale will execute and deliver any additional documents and perform any additional acts that may be necessary or appropriate to effectuate and perform its obligations under this Bill Of Sale and the transactions contemplated hereby.
Seller hereby warrants that (s)he is the lawful owner of said property and that (s)he has full legal right, power, and authority to sell said property. Seller further warrants said property to be free of all encumbrances, liens, security agreements, claims, demands, and charges of every kind whatsoever and will warrant and defend the title to said property against any and all persons whomsoever.
Any notice, request, instruction or other document to be given under this Bill Of Sale to any party hereunder by any other party hereunder shall be in writing and delivered personally, or sent by registered or certified mail, postage prepaid to the following addresses:
If to the Seller:
(…address of Seller…)
If to the Buyer:
(… address of Buyer …)
or to such other address as a party hereto may hereafter designate in writing to the other party. Delivery as aforesaid of process or notice shall be sufficient and adequate to establish notice to the person served or notified.
Waiver Of Contractual Right. The failure of either party to enforce any provision of this Bill of Sale shall not be construed as a waiver or limitation of that party’s right to subsequently enforce and compel strict compliance with every provision of this Bill of Sale.
No Representations. Neither party has made any representations nor promises, other than those contained in this Bill of Sale or in some further writing signed by the party making the representation or promise.
THE DESCRIBED PROPERTY IN THIS BILL OF SALE IS SOLD ON THE UNDERSTANDING AND BASIS OF “AS-IS”CONDITION WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED. BY ACCEPTING THIS BILL OF SALE, BUYER(S) REPRESENT THAT BUYER(S) HAVE THOROUGHLY INSPECTED THE DESCRIBED PERSONAL PROPERTY AND ACCEPTS SAID PROPERTY IN “AS-IS” CONDITION.
IN WITNESS WHEREOF, the Parties have executed this Bill Of Sale on this ____ day of ____, 20 _.
Seller Name(s): _______
Seller Signature(s): ______
Seller Street Address(es): ______
City: _____ State: ____ Zip Code: __
Date Signed: __/__/__
Buyer Name(s): ________
Buyer Signature(s): ______
Buyer Street Address(es): ______
City: ____ State: ____ Zip Code: __
Date Signed: __/__/__
Witnessed by: ________
Witness Signature(s): ______
Witness Street Address(es): ______
City: ____ State: ____ Zip Code: __
*** If Required By State Law ***
This Section for Notary:
State of Alabama
County of ________ [COUNTY]
On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
My commission expires: _____