Idaho 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

Notarization. An Idaho vehicle bill of sale form does not need to be notarized to be valid.

You can create your own bill of sale as long as you clearly identify the seller, buyer, property being transferred, and date and price of the sale. If the property is a car, it's important to include the VIN number and odometer reading. Both the buyer and seller need to sign the document.

When you sell something like that, your bill of sale will include basic information like: Seller name and contact information. Buyer name and contact information. Description of the item(s) you're selling. Price of the item(s) you're selling. Date the sale was made. Space for the buyer and seller to sign.

Without a title, you could be burned! Without a properly signed title: You will not be able to register and title the vehicle in your name. The vehicle may be towed by a repossession agent if there is an unpaid lien. The vehicle may be reported as stolen and law enforcement may impound it.

Parts of a bill of sale The date of the sale. The names and addresses of the buyer and seller. A description of the asset being transferred. The amount being paid for the asset. A guarantee that the asset is free from all claims and offsets. Any warranty information. Signatures of the buyer, seller, and a notary.

A: Your bill of sale functions as a temporary registration for 72 hours (exempting weekends and major holidays) to get to the DMV for registration.

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