Transfer of title to personal property is normally made by a bill of sale. A bill of sale also constitutes a record of what has been sold, to whom, when, and for what price. A sale of animals ordinarily involves the same considerations as the sale of any other personal property. Therefore, such sales are generally governed by the provisions of the Uniform Commercial Code, which, in UCC § 2-105(1), specifically includes the unborn young of animals in the definition of "goods."
The North Carolina Bill of Sale for a Stallion with a Warranty of Breeding Capacity is a legal document used to transfer ownership of a stallion while guaranteeing its ability to breed effectively. This bill of sale ensures that the buyer receives a stallion capable of successfully impregnating mares and producing desired offspring. A North Carolina Bill of Sale for a Stallion with a Warranty of Breeding Capacity typically includes the following key elements: 1. Parties involved: This section identifies the seller (current owner) and the buyer (new owner) of the stallion. It includes their names, addresses, and contact information. 2. Stallion description: This section provides details about the stallion being sold, including its name, breed, age, color, markings, registration number, and any other distinguishing characteristics. 3. Breeding capacity warranty: The main purpose of this bill of sale is to provide a warranty of the stallion's breeding capacity. It states that the seller guarantees that the stallion is in good health and free from any medical or physical conditions that may inhibit its ability to breed. 4. Ownership transfer: This section outlines the financial aspect of the transaction, specifying the sale price or any other consideration agreed upon by both parties. It also states that full ownership of the stallion is transferred from the seller to the buyer upon payment and execution of the bill of sale. 5. Warranties and representations: In addition to the warranty of breeding capacity, this bill of sale may include other warranties or representations made by the seller regarding the stallion, such as its pedigree, performance history, or show record. 6. Governing law: This clause specifies that the bill of sale is governed by the laws of North Carolina, ensuring that any disputes arising from the transaction will be resolved through the state's legal system. Different types of North Carolina Bills of Sale for a Stallion with a Warranty of Breeding Capacity may include variations in clauses, terms, or additional provisions depending on the specific needs of the parties involved. However, the essential purpose of all these bills of sale remains the same: to transfer ownership of a stallion with a guarantee of its breeding capacity.
