General Categories > General Firearm Discussion
What's the Deal with Bills of Sale?
Laufen:
--- Quote from: SemperFiGuy on August 19, 2017, 09:37:27 AM ---The basic premise of this post is that a bill of sale "has no validity in law".
Bills of Sale have substantial validity in law.
The Cornell Law site shows 9 pages of Uniform Commercial Code which apply to bills of sale, starting here:
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46 CFR 67.527- Application for filing and recording bills of sale and instruments in the nature of a bill of sale.
§ 67.527 Application for filing and recording bills of sale and instruments in the nature of ... a bill of sale. An application fee is charged for filing and recording bills of sale and instruments in ... the nature of a bill of sale in accordance with subpart P of this part. Section 67.527 ...
bill of sale
ownership and to detail what was actually purchased. A bill of sale may accompany an agreement that states ...
26 CFR 403.60- Purchaser entitled to bill of sale.
§ 403.60 Purchaser entitled to bill of sale. Each purchaser of administratively forfeited property ... is entitled to receive a suitable bill of sale. Section 403.60 ...
27 CFR 72.66- Purchaser entitled to bill of sale.
§ 72.66 Purchaser entitled to bill of sale. Each purchaser of administratively forfeited property, ... including carriers, shall be entitled to receive a suitable and authentic bill of sale on a form to be ...
46 CFR 67.89- Waiver of production of a bill of sale eligible for filing and recording.
§ 67.89 Waiver of production of a bill of sale eligible for filing and recording. (a) When the ... evidence of title passage required by this subpart is a bill of sale which meets the criteria for filing ... Center waive that requirement. (b) No waiver of the requirement to produce a bill of sale eligible for ...
19 CFR 24.34- Vouchers; vendors' bills of sale; invoices.
§ 24.34 Vouchers; vendors' bills of sale; invoices. (a) Vouchers or invoices for ... payment has not been received. Vouchers, vendors' bills of sale, or invoices for purchases or ...
46 CFR Part 67, Subpart P- Filing and Recording of Instruments- Bills of Sale and Related Instruments
§ 67.220 Requirements. § 67.223 Filing limitation. ...
46 CFR 67.75- Transfers by sale or donation subsequent to documentation.
provided in this subpart, transfers of vessel title must be evidenced by a bill of sale which meets the ... subpart O of this part, each bill of sale must be accompanied by a declaration of citizenship from the new ... owner, executed on the appropriate Maritime Administration form described in § 67.211. (b) The bill of ...
46 CFR 67.200- Instruments eligible for filing and recording.
eligible for filing and recording: (a) Bills of sale and instruments in the nature of bills of sale; (b) ...
46 CFR 67.501- Application for Certificate of Documentation.
and recording any required bills of sale or instruments in the nature of a bill of sale, or the ...
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Time now to wrap this one up.
sfg
--- End quote ---
So, are you saying that a scrap of paper with a couple signatures and a s/n is a valid bill of sale? In which instance would you present such a legal instrument, and what would it do for you?
Here's a hint: You are not required to produce or keep a bill of sale as a private citizen. There is no instance when it will "help you" with a legal issue. It's NOT required under the law. This is pretty simple stuff.
CC:
'Here's a hint: You are not required to produce or keep a bill of sale as a private citizen. There is no instance when it will "help you" with a legal issue. It's NOT required under the law. This is pretty simple stuff.'
Not required so don't do it. Feel like it offers a level of protection then so it. Now that is simple stuff.
SemperFiGuy:
Here Lies the Serious Danger in This Original Post:
Simply, that some Forum Folks will actually believe it. Please don't.
Many Forum Followers base their firearms and shooting sports decisions upon information and discussions posted on the NFOA Forum.
So--some may be led to discontinue use of bills of sale in their firearms transactions if they accept the erroneous conclusions of the original post.
Bills of sale for firearms clearly have serious legal validity. It's always a good idea to use them here in Nebraska. Perhaps everything is different in the State of Georgia, from which the original posting was made. But not in Nebraska. A bill of sale can save a heap of trouble for both buyers and sellers.
And, quoting that eminent source, Forrest Gump, "That's All I've Got to Say About That."
FWIW,
sfg
depserv:
--- Quote from: SemperFiGuy on August 20, 2017, 06:52:11 PM ---Here Lies the Danger in This Original Post:
Simply, that some Forum Folks will actually believe it. Please don't.
Many Forum Followers base their firearms and shooting sports decisions upon information and discussions posted on the NFOA Forum.
So--some may be led to discontinue use of bills of sale in their firearms transactions if they accept the erroneous conclusions of the original post.
Bills of sale for firearms clearly have serious legal validity. It's always a good idea to use them here in Nebraska. Perhaps everything is different in the State of Georgia, from which the original posting was made. But not in Nebraska. A bill of sale can save a heap of trouble for both buyers and sellers.
And, quoting that eminent source, Forrest Gump, "That's All I've Got to Say About That."
FWIW,
sfg
--- End quote ---
Hey wait a minute, I thought if something is written that means it has to be true, especially if it's written on an internet site. I remember Abraham Lincoln telling me that the other day when he came over for dinner and a movie. And you'd think a former president would be telling me the truth, especially Honest Abe.
shooter:
Mabye Mr. Clark will jump in and end this mess.
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