Arkansas Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation

State:
Multi-State
Control #:
US-OG-099
Format:
Word; 
Rich Text
Instant download

Description

If an operator elects to abandon wells, a landowner may want to take the wells over, to continue to produce them, or convert them to some other use. This form provides for a transfer of the equipment in exchange for the assumption of the obligation to plug the well(s).

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How to fill out Bill Of Sale For Equipment In Consideration Of Buyer Assuming Plugging Obligation?

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FAQ

An Arkansas general bill of sale is used as proof of purchase for the sale of personal property in a private transaction between a buyer and a seller. The document will need to include a description of the item being sold, the price paid, and both parties' contact information and signatures.

While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper.

That might get you to wonder if a handwritten bill of sale is legally binding. Handwritten bills of sale are indeed contractual agreements ? so long as they have the right elements.

ISSUANCE OF A BONDED TITLE If applying for a bonded title on a motor vehicle, this form must be accompanied by a bill of sale and verification of the motor vehicle identification number (VIN) on the form prescribed by the Arkansas State Police.

If you're new to Arkansas or just bought a motor vehicle, you'll need to get it registered within 60 days. Do that and apply for your title, transfer your license plate and pay sales tax right here in just 15 minutes.

FAQ: About the Arkansas Bill of Sale Purchase date. Buyer and seller contact information. Property description. Purchase amount. Lien information. Terms and conditions. Signatures of buyer(s), seller(s), and witness(es)

You'll need the Title or Bill or Sale, the latter of which includes a federal odometer statement, as well as your insurance card. You should also bring your county tax assessment if you've lived in the county the previous year. Also provide proof of any property taxes you've paid on the vehicle.

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Arkansas Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation