Bill of Sale is not a contract. It is however just a receipt. Typically used when buying/selling a used car from/to a private party. It's a documented agreement that both parties understand what is being sold/bought and at what price and date. It's really just for your records as well as proof to the DMV for when you have to pay taxes on the purchase to have it registered for tags
bill of sale
Most states allow for a 72 lower grace period after the signing of any contract. A bill of sale is considered a contract.
Bill of Sale forms can be obtained from the DMV website
Certainly fraud is capable of voiding a bill of sale. The circumstances have to be provable in a court of law.
Contract to sell is an executory contract while contract of sale is an executed contract.
"Contract of sell" is just "contract of sale" misspelled.
Generally speaking you cannot back out of a car deal after the bill of sale has been signed. Some car dealers will allow you to, but this is seen as a contract once it is signed.
If you signed a contract to buy the car, it is legally binding. That fact that you have not parted with any money is a mute point. You signed the contract, and that is all that matters. Ask the seller if they will release you from the contract and be very nice about it.
Yes, he can. What he bills the insurer is based upon the contract he has with them. He does not have the same contract with you and can charge you differently.
if one of the parties does not have the capacity to contract there will be no contract formed
That means a lender has executed a purchase and sale contract on a property it owns by foreclosure and a sale is pending.
contract of sale of goods 'a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price'A contract of saleis a legal contract an exchange of goods, services or property to be exchanged from seller (or vendor) to buyer (or purchaser) for an agreed upon value in money (or money equivalent) paid or the promise to pay same. It is a specific type of legal contract.NAEEM SHAKIR PIA