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Mississippi Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller

State:
Mississippi
Control #:
MS-60214
Format:
Word; 
Rich Text
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Bill of Sale in Connection with Sale of Business - Individual or Corporate Seller or Buyer. This bill of sale may include anything that is intangible but considered part of the business. These may be all licenses, processes, designs, formulas, computer programs, computer software packages, trade secrets, product manufacturing instructions etc.
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  • Preview Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller
  • Preview Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller
  • Preview Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller
  • Preview Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller
  • Preview Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller

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FAQ

For example, many states require that a vehicle bill of sale include an odometer reading; some states require it to be notarized. Both parties can sign a bill of sale but, in many instances, only the seller needs to sign it. Things can get complicated when a bill of sale is provided as security for a loan.

Name of the seller. Complete address of the seller. Name of the buyer. Complete address of the buyer.

Although not required for most vehicle sales and transactions, the State of Mississippi requires a Bill of Sale form for certain sales. The State of Mississippi does not offer a state-wide approved Bill of Sale. For your vehicle sale, the state asks that perform a title transfer to the new buyer.

Both the buyer and seller should receive copies of the bill of sale form. It's important for the buyer to keep the bill of sale with the title of the vehicle for registration and licensing purposes, if necessary. However, all parties should keep them for their own personal records.

A Mississippi general bill of sale does not need to be notarized.

If there are 2 owners listed on the front of a title, the majority of the time, both people will need to sign as the seller. If there is an 'or' in between the names, typically only 1 signature is required.

The bill of sale, as a rule, is drafted by the seller and includes the details of the transaction. It protects both the buyer and the seller, should disagreements arise in the future.

Most states do not require a notary to witness the signing of a bill of sale. However, by law, a notary public must witness both parties signing the document in Louisiana, Nebraska, Maryland, New Hampshire, West Virginia, and Montana. Notaries are optional in other states.

Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.

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Mississippi Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller