Seller assigns, bargains, conveys, and delivers to purchaser all of its fixtures, machinery, equipment, vehicles, and tools. Seller further covenants and agrees that it shall, at any time and from time to time, at the request of buyer, execute and deliver to buyer any and all instruments and documents which may be necessary to vest in buyer full title, right and interest to any of the mentioned properties and assets.
Virgin Islands Bill of Sale - Complex
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History & Political Status The Danish part had been in economic decline for quite some time, owing to losses in sugarcane production after slavery was abolished in 1848. In 1917, the United States purchased the Danish part for $25 million, mainly for strategic reasons to assure tranquility in the Caribbean Ocean.
Virgin Islands, group of about 90 small islands, islets, cays, and rocks in the West Indies, situated some 40 to 50 miles (64 to 80 kilometres) east of Puerto Rico.
The USVI consist of 4 larger islands: St. Croix, St. Thomas, St. John and Water Island, and some 50 smaller islets and cays.
Like mainland Puerto Rico, the Virgin Islands that belonged to Spain were ceded to the United States in 1898. The United States took possession of the islands after the signing of the armistice that put an end to military operations in the Spanish?American War.
In 1493, Christopher Columbus visited these islands. He had been searching for a route to India and consequently he called the people he encountered Indians. Columbus named the beautiful islands 'The Virgins' in reference to the legendary beauty of St. Ursula and her 11,000 virgins.
Experts think that the Arawak people were the first to settle on the three main islands that are now known as the U.S. Virgin Islands (USVI): St. Thomas, St. Croix, and St. John.
The U.S. Virgin Islands consist of the main islands of Saint Croix, Saint John, and Saint Thomas and 50 other surrounding minor islands and cays. The total land area of the territory is 133.73 square miles (346.36 km2). The territory's capital is Charlotte Amalie on the island of St. Thomas.
GOVERNMENT. The USVI is an organized, unincorporated territory of the United States, meaning it follows U.S. laws but also has its own local government. It also means that not all of the U.S. Constitution applies to the people living there.