Bill of Sale with Hindrances :



For valid and worthwhile consideration and the payment of the sum of Rs.___, receipt of which is hereby recognized, the Seller hereby sells and transfers to the Buyer the following detailed personal property.


The Seller guarantees to Buyer and its assigns and personal representatives that Seller, except as mentioned below, has good and salable title to said goods and the full right to sell and transfer the items free of all liens, hindrances, debts, and negative claims of every nature and description. Except as mentioned below, the said goods are sold and transferred free of all liens, hindrances, debts, and negative claims of every nature and description.


The said goods are sold subject to a specific security interest, lien, or hindrance on said items in favor of [Lienholder] with a sum owed thereon of Rs.___. Buyer agrees to assume and pay punctually said secured debt and indemnify and hold Seller blameless from any claim arising thereon.


Seller further warrants to Buyer that, with the exclusion of claims arising out of above hindrance, Seller will completely support, protect, indemnify, and hold blameless the Buyer and Buyer's legal heirs and assigns from any negative claim thereto.Except as mentioned above, the property is sold in as is condition and where currently located.


Signed under seal and accepted this ___ day of ___, 20___.

Buyer :

Seller :

These forms are provided as examples of common sales transactions. Complex agreements involving large amounts of money should be reviewed by an attorney before being implemented.




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Bill of Sale with Hindrances
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