Legal Question in Business Law in Wyoming
regcoginzed sale
my father-in-law bought an amish surrey from his father prior to his father's death. He has an unnotarised bill of sale but he also has the cancelled check noting what the check was for. In the settlement of the estate is the check sufficiant to show the court that his father did in fact sell him the surrey?
1 Answer from Attorneys
Re: regcoginzed sale
It is not necessary for a Bill of Sale to be notarized for it to be effective.
A Bill of Sale for the surrey together with a check in an amount which approaches the reasonable value of the surrey, and which states information sufficient to identify the surrey as the subject of the payment, should certainly be sufficient to show the purchase by the son from the father.
It could also be argued that a father would sell such an item to a son at a greatly reduced price.
Related Questions & Answers
-
Partner leaves, starts new company,takes former companys jobs My partner started his... Asked 12/31/00, 9:04 pm in United States Wyoming Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
