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Where does the seller sign on an Illinois boat title?

In Illinois, the seller signs on the back of the boat title in the designated "Seller Signature" area. This section is typically located in the lower part of the title document. It's important for the seller to complete any required information, such as the date of sale and the sale price, to ensure a smooth transfer of ownership. Additionally, both the seller and buyer should complete the necessary sections for the buyer's information.


What does Lc at sight mean?

When buyer's bank pays to seller's bank upon receipt of documents and after having verified that documents are meet are requirements written in the lc


Who pays export tax the seller or buyer?

The seller. The seller is shipping it to the buyer, not vice versa.


What is a buyer and seller of goods called?

Buyer is a consumer Seller is a Distributor


Is the buyer or seller responsible for title insurance in Texas?

The seller is required to provided a clear title; purchasing title insurance is generally a part of this.


What does da and d P payment means?

In finance, "DA" typically stands for "Documents Against" payment, a method of trade financing where shipping documents are released to the buyer only upon payment. "D/P," or "Documents Against Payment," is similar, where the seller retains control of the documents until the buyer makes the payment. Both terms are used to protect the seller's interests in international trade transactions.


Documentary letter of credit?

A DOCUMENTARY credit is frequently the agreed method of settlement for international trade. The buyer's bank reimburses the seller against presentation of documents drawn in compliance with conditions stipulated in the documentary credit by the buyer. There are advantages to both the buyer and seller when settlement is arranged by documentary letter of credit. First, the buyer knows that payment will only be made if the documents received comply strictly with the terms and conditions of the credit as stipulated by the buyer. Second, the seller knows that payment will be received provided the terms and conditions of the credit are strictly complied with.


Is a purchase order a buyer or a seller?

A purchase order is issued from a buyer to a seller.


What are the 2 people called in a deed?

The seller is called the grantor. The buyer is called the grantee.The seller is called the grantor. The buyer is called the grantee.The seller is called the grantor. The buyer is called the grantee.The seller is called the grantor. The buyer is called the grantee.


When speaking about a homeowner should you capitalize the word owner?

No. Sometimes legal documents will do this, (Buyer, Seller, Owner) but in general it's not necessary.


What does seller issues POP to buyer mean?

seller issues POP to buyer mean


Does the buyer or the seller pay?

The buyer pays.