Section 2-105 of the Uniform Commercial Code defines Goods as follows:
Goods means all things which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid. This would include animals.
Quitclaim means to transfer whatever interest, if any, a grantor may have in the property, without specifying the interest in any way. No warranty of ownership is given.
The Arkansas Quitclaim Bill of Sale of Horse and Affidavit is a legal document used in the state of Arkansas to transfer ownership of a horse from one party to another. This document is crucial for ensuring a smooth and transparent transfer of ownership and protecting the rights of both the buyer and the seller. The Quitclaim Bill of Sale is a written agreement that outlines the terms and conditions of the sale, including the purchase price, the description of the horse, and any additional terms agreed upon by both parties. It serves as proof that the seller legally transfers all rights, title, and interest in the horse to the buyer. The affidavit, on the other hand, is a sworn statement that verifies the accuracy of the information provided in the bill of sale. There are different types of Arkansas Quitclaim Bill of Sale of Horse and Affidavit, depending on the specific circumstances of the sale. Some common types include: 1. Basic Bill of Sale: This type of bill of sale includes essential information like the names and addresses of both the buyer and the seller, a detailed description of the horse (including breed, color, age, and any distinguishing marks), the purchase price, and the date of the sale. 2. Bill of Sale with Warranty: In addition to the basic information found in a standard bill of sale, this type includes a warranty clause where the seller guarantees that they have clear and marketable title to the horse, with no liens or encumbrances, and the horse is in good health and free from any known defects. 3. Bill of Sale with Payment Plan: If the buyer is purchasing the horse on an installment basis, this type of bill of sale includes details of the payment plan, including the frequency and amount of payments, penalties for late payments, and any conditions that may lead to default or repossession of the horse. 4. Bill of Sale for Registered Horses: Used when the horse is registered with a breed association or organization, this type of bill of sale includes provisions for transferring the registration papers or documents, making sure the buyer receives all necessary paperwork to establish ownership. It is imperative to consult with a legal professional or attorney to ensure that the specific requirements and laws related to the Arkansas Quitclaim Bill of Sale of Horse and Affidavit are met. This will help protect both the buyer and the seller and facilitate a smooth transfer of ownership.The Arkansas Quitclaim Bill of Sale of Horse and Affidavit is a legal document used in the state of Arkansas to transfer ownership of a horse from one party to another. This document is crucial for ensuring a smooth and transparent transfer of ownership and protecting the rights of both the buyer and the seller. The Quitclaim Bill of Sale is a written agreement that outlines the terms and conditions of the sale, including the purchase price, the description of the horse, and any additional terms agreed upon by both parties. It serves as proof that the seller legally transfers all rights, title, and interest in the horse to the buyer. The affidavit, on the other hand, is a sworn statement that verifies the accuracy of the information provided in the bill of sale. There are different types of Arkansas Quitclaim Bill of Sale of Horse and Affidavit, depending on the specific circumstances of the sale. Some common types include: 1. Basic Bill of Sale: This type of bill of sale includes essential information like the names and addresses of both the buyer and the seller, a detailed description of the horse (including breed, color, age, and any distinguishing marks), the purchase price, and the date of the sale. 2. Bill of Sale with Warranty: In addition to the basic information found in a standard bill of sale, this type includes a warranty clause where the seller guarantees that they have clear and marketable title to the horse, with no liens or encumbrances, and the horse is in good health and free from any known defects. 3. Bill of Sale with Payment Plan: If the buyer is purchasing the horse on an installment basis, this type of bill of sale includes details of the payment plan, including the frequency and amount of payments, penalties for late payments, and any conditions that may lead to default or repossession of the horse. 4. Bill of Sale for Registered Horses: Used when the horse is registered with a breed association or organization, this type of bill of sale includes provisions for transferring the registration papers or documents, making sure the buyer receives all necessary paperwork to establish ownership. It is imperative to consult with a legal professional or attorney to ensure that the specific requirements and laws related to the Arkansas Quitclaim Bill of Sale of Horse and Affidavit are met. This will help protect both the buyer and the seller and facilitate a smooth transfer of ownership.
