Georgia 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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FAQ

A bill of sale in Georgia should generally include: The seller's legal name, full address, and driver's license or state ID number. The buyer's legal name, full address, and driver's license or state ID number. A clear, specific description of the item (make, model, year, color, VIN number, etc)

In Georgia, a bill of sale for a car does not need to be notarized. Like the state form provided, any hand-drafted bill of sale will have to contain the following information: The names, contact information, and signatures of the seller and the buyer.

Selling a Vehicle to another Individual All owners listed on the front of the title need to print and sign their names on the back in the seller section as they appear on the front. A title must be provided for model years 1986-present. A bill of sale can be used in lieu of a title for models years 1985 and older.

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.

Transfer Vehicle Titled In Georgia Completed and signed MV-1 Title/Tag Application. ... If your vehicle is financed, enter the lienholder or security interest holder's name, address in the spaces provided. Emission Inspection Certificate, if applicable. Original valid title properly assigned to you.

While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership. It's the final step in the process and proves that the buyer is the legal owner.

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