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 Tennessee Quitclaim Bill of Sale of Personal Property is a legal document used to transfer ownership of personal property from one party (the seller) to another party (the buyer) without any warranties or guarantees. This type of bill of sale is commonly used when there is no exchange of money involved, such as in cases of gifting property or transferring property between family members. Keywords: Tennessee, Quitclaim Bill of Sale, Personal Property, transfer ownership, seller, buyer, warranties, guarantees, gifting property, transferring property, family members. There are different types of Tennessee Quitclaim Bill of Sale of Personal Property depending on the nature of the transaction. Some variations include: 1. Tennessee Quitclaim Bill of Sale for a Vehicle: This type of bill of sale specifically acknowledges the transfer of ownership for motor vehicles such as cars, trucks, motorcycles, or recreational vehicles (RVs). It includes specific details such as the vehicle's make, model, year, identification number (VIN), and mileage. 2. Tennessee Quitclaim Bill of Sale for Real Estate: While this article focuses on personal property, it is essential to mention that Tennessee also has a Quitclaim Bill of Sale for real estate. This specific document is used to transfer ownership of real property, such as homes, land, or buildings. 3. Tennessee Quitclaim Bill of Sale for Household Items: This type of bill of sale is often used when transferring ownership of personal property, such as furniture, appliances, electronics, or other household items. It can also cover more specific items like artwork, collectibles, or antiques. It is crucial to consult with a legal professional or online resources specific to Tennessee to determine the appropriate type of Quitclaim Bill of Sale for different personal property transactions. The bill of sale should accurately represent the transaction and include all pertinent details, such as the full legal names and addresses of both parties, a detailed description of the property being transferred, any agreed-upon conditions or contingencies, and the date of the transfer.
