Deed of sale under bail

The present deed of sale takes effect from this day on (DATE), date of its signature.

From: [(Nom dele de vendeur) (the seller), a company incorporated and governed by the law of [State/Province], and having its registered office at:]

And: [Buyer name] (purchaser), a company incorporated and governed by the law of [State/Province], and having its registered office at:

IN consideration of the value PERCEIVED and judged ADEQUATE, the seller sells and transfers and permanently the possession of the property in their current locations to the buyer, its successors and assignees and conditions hereby:

[DETAILED LIST OF GOODS].
Seller warrants that it has ownership of the property but stipulates that they are sold while being subject to bail for the following amount:

[DESCRIPTION OF THE DEPOSIT - AMOUNT OF THE BOND].

The buyer recognizes the purchase of the assets subject to a security and promises to pay the bail and to indemnify and protect the seller against any claims based on the non respect of the payment of the deposit.

Signed copy double this [DATE].


IN witness whereof, the present deed of sale was signed this [DATE].

Signed, sealed and delivered to the purchaser in the presence of:

L'ACHETEUR LE VENDEUR

Authorized signature authorized Signature

Enter the name and the title register the name and title