If you contract to buy land and don't pay it off (privately or otherwise) and the contract says you had to pay it off to OWN it then you have no "partial" ownership that you can lien as far as I know.
Admiral Scott. What would a VALID bill of sale require?
I am about to acquire some land property, and I know a bill of sale is something I want to get my hands on. So I drafted one already, as a courtesy, to the seller.
I have been doing research. A bill of sale is something very simple. Is basically an instrument that transfers title to personal property from a seller, to a buyer.
It most contain the names of the seller, and buyer, with a date, description of the property, and a value received.
My question again is, what would make a bill of sale VALID, if anything, besides what I know? 3 witnesses? A notary?
In the law of contracts, a written agreement, previously required to be under seal, by which one person transfers to another a right to, or interest in, Personal Property and goods, a legal instrument that conveys title in property from seller to purchaser.
http://legal-dictionary.thefreedictionary.com/Bill+of+sale
:/ ... a "MAN" transfer to another ?
BILL OF SALE, Contracts. An agreement in writing, under seal, by which a man transfers the right or interest he has in goods and chattels, to another. As the law imports a consideration when an agreement is made by deed, a bill of sale alters the property. Yelv. 196; Cro. Jac. 270 6 Co. 18.
Thanks, Captain Pete!
I guess I am still left with the questions: Is there is such thing as a VALID bill of sale? If there is, then SOMETHING must make it VALID. And if there is such thing as a VALID bill of sale, then there could be an INVALID bill of sale, which, if there is such a thing, I want to avoid.
I must assume that a SEAL is what makes it VALID.
I thought 3 witnesses would also make it valid. I just want to avoid notary's here, because only "lawyers" here can be notary's, and I avoid those like the plague.
"BILL OF SALE, Contracts. An agreement in writing, under seal, by which a man transfers the right or interest he has in goods and chattels, to another."
Interesting you post this Pete, as the Birth Certificate is "under seal"
The problem is, I don't recall, that as a Man, transferring anything in regards to that birth certificate, maybe I was too young when I did that, I was 16 days old :D