Property Owned By A Business Is Called In Cuyahoga

State:
Multi-State
County:
Cuyahoga
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

The Bill of Sale is a legal document used for the transfer of personal property, specifically in connection with the sale of a business in Cuyahoga County. It outlines the seller's intent to transfer ownership of furniture, equipment, inventory, and supplies used in the business. Key features include a clear declaration of the sale price, an 'as is' clause implying no warranties, and a confirmation that the property is free of claims. Filling out the form requires detailing the seller's information, the buyer's information, and a description of the items being sold. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants as it establishes a legal record of the transaction, protects against future disputes, and aids in the due diligence process. It is recommended for use in any business transaction where ownership of tangible assets is being conveyed. Given its straightforward nature, it is accessible to individuals with varying levels of legal understanding, ensuring clarity and simplicity in the transfer process.

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FAQ

A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.

Deed Record Research Finding the present owner of a property or home, if it is not you, can be done through the County Auditor's website using their property search tool. Note that you can search using the address, owner's name (if you know who owns it), or parcel ID.

If available search for the property using the owner's name property. Address or parcel number toMoreIf available search for the property using the owner's name property. Address or parcel number to find any existing liens mortgages. Or other encumbrances.

Deeds and additional ownership documentation (circa 1810 to present) is available online or in person at the Recorder's Office, located on the 4th floor of the Cuyahoga County Administration Building. Circa 1860-1945, available at the Cuyahoga County Archives.

Business Assets: As a business owner, you possess proprietary rights over the assets that contribute to your company's operations. This includes tangible assets like machinery, equipment, and inventory, as well as intangible assets such as trademarks, trade secrets, and proprietary software.

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Property Owned By A Business Is Called In Cuyahoga