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 tangible personal property.
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 Michigan Quitclaim Bill of Sale of Personal Property is a legal document used to transfer ownership of personal property from one party to another, guaranteeing that the seller has the right to sell the property and that there are no liens or claims against it. This bill of sale serves as proof of transfer of ownership and can be used as evidence in case of disputes or legal actions. In Michigan, there are several types of Quitclaim Bill of Sale of Personal Property, each designed to meet specific requirements or circumstances. Some common types include: 1. Vehicle Quitclaim Bill of Sale: This type of bill of sale is used when transferring ownership of a motor vehicle, car, truck, motorcycle, or any other vehicle from the seller to the buyer. It includes detailed information about the vehicle, such as make, model, year, VIN (Vehicle Identification Number), and any other relevant details. 2. Boat Quitclaim Bill of Sale: This bill of sale is used in the transfer of ownership of watercraft, including boats, yachts, jet skis, or any vessel used for recreational or commercial purposes. It typically includes information about the vessel, such as the hull identification number, make, model, year, and any additional equipment or accessories being sold with it. 3. Miscellaneous Personal Property Quitclaim Bill of Sale: This type of bill of sale covers the transfer of ownership of various personal property items that do not fall under the vehicle or boat categories. It can include items such as furniture, electronics, artwork, appliances, tools, or any other movable personal possessions. When drafting a Michigan Quitclaim Bill of Sale of Personal Property, it is essential to include key information such as the names and addresses of both the seller (granter) and the buyer (grantee), a detailed description of the property being sold, the agreed-upon purchase price, and the date of the sale. The document should be signed and witnessed by both parties to make it legally enforceable. It is crucial to ensure that the information provided in the bill of sale is accurate and complete to avoid any future legal issues or disputes. It is recommended to consult with a qualified attorney or use an online legal document service to ensure compliance with Michigan laws and regulations.
