FSA-2070ins

Farm Loan Programs - Direct Loan Servicing - Special ( 7 CFR 766)

FSA-2070ins

OMB: 0560-0233

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Instructions for Form FSA-2070



BILL OF SALE


This form is used to transfer ownership of chattel or personal property from one person/individual to another. (The form may be used by FSA to transfer title to inventory chattel/personal property to a purchaser of such property.) The form is signed by the seller of the property and identifies the following information:


  • The seller’s name and address

  • The purchaser’s name and address

  • The property being sold or transferred

  • Any encumbrances to the property


The seller or transferring party will complete and sign the form. The original is given to the buyer and a copy retained by the seller.


Fld Name /
Item No.

Instruction

1(a)

Dollars

Enter the dollar amount of the consideration given for the transfer, i.e., the selling price. The information is spelled out in words, such as TEN dollars.

1(b)

Dollars

Enter the dollar amount of the consideration given for the transfer, i.e., the selling price. The information is the numeric representation of the spelled out information in (a). I.e., $10.00.

1(c)

Buyer’s name

Enter the name of the buyer or receiving party

1(d)

Buyer’s address

Enter the address of the buyer or receiving party

1(e)

Buyer’s county

Enter the county of residence of the seller or receiving party

1(f)

Buyer’s state

Enter the state of residence of the seller or receiving party

3(a)

Encumbrances

Enter any encumbrances or liens on the property being transferred or sold

4(a)

Sellers Name

Enter the seller’s name

4(b)

Seller’s address

Enter the seller’s address

4(c)

Signature

The seller will sign the document

4(d)

Date

Enter the date the seller signs the document


File Typeapplication/msword
File TitleInstructions for Form FSA-2070
Authormike.cumpton
Last Modified ByMarilyn Jo McMullen
File Modified2007-07-30
File Created2007-07-30

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