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 New Mexico Bill of Sale for a Stallion with a Warranty of Breeding Capacity is a legal document that establishes a transfer of ownership for a stallion in the state of New Mexico, while also providing a warranty that the stallion has the ability to breed. This type of bill of sale includes specific details regarding the stallion, the buyer, and the seller. It typically includes information such as the stallion's name, registration number (if applicable), breed, date of birth, color, and any distinguishing marks. The buyer's and seller's names, addresses, and contact information are also included. The bill of sale specifically includes a warranty of breeding capacity, which means that the seller guarantees that the stallion is capable of breeding and can produce offspring. This warranty is essential for buyers who intend to use the stallion for breeding purposes. Additional details that may be included in the bill of sale are the purchase price, payment terms, and any conditions or restrictions associated with the sale. For example, the bill of sale may specify that the stallion can only be used for breeding purposes and not for racing or showing. It is important to note that there may be different types of New Mexico Bill of Sale for a Stallion with a Warranty of Breeding Capacity, depending on specific circumstances or preferences. Some variations may include: 1. Specific Purpose Stallion Bill of Sale: This type of bill of sale may be used when the stallion is being sold for a particular breeding purpose, such as to enhance specific bloodlines or traits. 2. Limited Breeding Capacity Stallion Bill of Sale: This variation of the bill of sale may be used when the stallion has a restricted breeding capacity, such as due to age, health conditions, or previous breeding commitments. 3. Multiple Stallion Bill of Sale: In cases where multiple stallions are being sold together in a single transaction, a multiple stallion bill of sale may be used. This document would include separate provisions and warranties for each stallion. To ensure the legality and validity of the New Mexico Bill of Sale for a Stallion with a Warranty of Breeding Capacity, it is advised to consult with a legal professional or utilize a reputable template that complies with the laws and regulations of New Mexico.
