Tennessee Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation

State:
Multi-State
Control #:
US-OG-099
Format:
Word; 
Rich Text
Instant download

Description

If an operator elects to abandon wells, a landowner may want to take the wells over, to continue to produce them, or convert them to some other use. This form provides for a transfer of the equipment in exchange for the assumption of the obligation to plug the well(s).

How to fill out Bill Of Sale For Equipment In Consideration Of Buyer Assuming Plugging Obligation?

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FAQ

An equipment bill of material (EBOM) lists all of the components of an asset, including its assemblies and subassemblies. With a reliable equipment bill of materials, a planner can determine exactly what parts are needed.

Vehicle Title and Registration Proof of Identification. Manufacturer's Statement of Origin. Bill of Sale. Copy of current registration (If you are transferring your current license plate) *In order to transfer your current license plate, the new vehicle must be titled exactly as the previous vehicle.

Include crucial details such as the sale date, buyer and seller information, trailer description, VIN, sale price, and any included warranties. Both parties should sign the document. Buyers must take the signed Bill of Sale to the DMV, along with proof of insurance and payment for taxes and fees.

Anyone can draft a bill of sale in Tennessee. As long as the document has been signed by all involved parties, it can be legally binding.

Step 1: Gather the necessary documents Before you can register your car online in TN, you'll need to gather the following documents: Your vehicle title or a bill of sale. Your current insurance card. Your driver's license.

A Tennessee bill of sale records the exchange of property between a buyer and seller for personal property. It is a simple document that includes the parties, the purchase price or trade, and a brief description of the item being sold. The transaction and the signing of the bill of sale should occur at the same time.

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Tennessee Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation