Section 2-105 of the Uniform Commercial Code defines Goods as follows:
Goods means all things which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid. This would include tangible personal property.
Quitclaim means to transfer whatever interest, if any, a grantor may have in the property, without specifying the interest in any way. No warranty of ownership is given.
A Utah Quitclaim Bill of Sale of Personal Property is a legally binding document that serves as evidence of the transfer of ownership of personal property from one party to another. The bill of sale establishes the rights and responsibilities of both the seller and the buyer and documents the details of the transaction. It is important to note that a Quitclaim Bill of Sale differs from a warranty bill of sale, as it transfers ownership without guaranteeing the condition or title of the property being sold. In Utah, there are several types of Quitclaim Bill of Sale of Personal Property that can be used to document specific types of transactions. These include: 1. Utah Vehicle Quitclaim Bill of Sale: This type of bill of sale is specifically designed for the transfer of ownership of a motor vehicle, such as a car, truck, RV, or motorcycle. It includes fields to accurately describe the vehicle, including its make, model, year, identification number (VIN), and any existing liens or encumbrances. 2. Utah Watercraft Quitclaim Bill of Sale: This bill of sale is used when transferring ownership of a watercraft, such as a boat, jet ski, or sailboat. It includes sections to detail the vessel's specifications, including its make, model, year, hull identification number (IN), and any liens or encumbrances attached to it. 3. Utah Firearm Quitclaim Bill of Sale: This type of bill of sale is used to document the transfer of a firearm between private individuals. It includes fields to describe the firearm's make, model, caliber, serial number, and any pertinent information concerning its condition or accessories sold with it. 4. Utah Personal Property Quitclaim Bill of Sale: This bill of sale is a generic document that can be used for various types of personal property transfers, such as electronics, furniture, appliances, or other valuable items. It allows both parties to describe the property being sold and outline any terms or conditions related to the sale. Regardless of the type of Utah Quitclaim Bill of Sale of Personal Property being used, it is crucial to include relevant information such as the date of the transaction, the names and addresses of both parties involved, the purchase price or trade value, and any warranties or guarantees agreed upon. Additionally, both the seller and buyer must sign the document to validate the transfer of ownership and make it legally enforceable. It is advisable to consult with a legal professional or use a reputable template to ensure accuracy and compliance with Utah state laws.
