A good dog bill of sale is important when it comes to selling a canine. In most states in the US, sellers are supposed to write a proper bill before transaction. Here are 3 mistakes to avoid while writing this type of a bill.
Not mentioning the third party
In many cases, you can have a third party who serves as an agent for the dog sale. One of the most common errors for sellers is to omit the agent from the blank bill of sale form or erroneously naming the agent as the new owner. Other than properly identifying all the parties in the transaction and naming them, each party who is named should sign the document. To learn more about drafting a bill of sale in Rhode Island online, visit this website.
Not including the payment mode
Many sellers are content with just writing about the amount to be paid by the buyer. However, you must also mention whether the amount is to be paid in full or in installments, as in case of a very expensive breed. You should also state the method of payment to be used by the purchaser.
Not stating the risk of loss
You should not miss to state in the printable bill of sale when the risk of loss is transferred to the buyer. At some point, you will stop being responsible for the dog and the new owner will have to undertake the risk of anything occurring to or happening due to the animal. Once the money changes hands, the risk of loss usually passes on to the buyer. But that does not happen always. Thus, you should explicitly state when exactly the risk of loss would pass on to the buyer.
Please visit this site to get a sample bill of sale in Texas.
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