Free Bulk Transfer Affidavit
This Bulk Transfer Affidavit is made by a seller of a company to a buyer. This affidavit declares the company is the sole owner of the business assets and has the full right to sell and transfer those assets. It also sets out that no liens or judgments exist on the business property. This Bulk Transfer Affidavit spells out the names of the buyer and seller and must be signed in front of a notary public.
Disclaimer:This was not drafted by an attorney & should not be used as a legal document.
BULK TRANSFER AFFIDAVIT
State of _________________)
County of ________________)
I, ______________________________the undersigned residing at ________________________ ______________________________________, being duly sworn, depose and say that:
I am the Seller of the business assets of _____________________________ (“Company”) located at ____________________________________________, to __________________________________ (“Buyer”) under an Agreement dated ________________________________.
I hereby represent that the Company is the sole owner of the said business assets and has full right to sell and transfer the business assets. All of the business assets are free and clear of all obligations and encumbrances. There are no existing court judgments, nor any liens, attachments or executions, nor any petition in bankruptcy, nor has any arrangement proceeding been filed by or against the Company. In addition, the Company has not taken advantage of any law relating to insolvency.
This affidavit is made to induce the Buyer to accept the transfer of the business assets. It is also to assure compliance with the bulk transfer provisions of the UCC as enacted in the State of ____________________ and to assure the Purchaser that there are no creditors of the Company who are entitled to the statutory notice of sale.
State of ______________________)
County of _____________________)
On this ______________ day of _________________, 20_____ the person named above personally appeared before me and acknowledged that the above signature(s) are valid and binding.
My Commission expires: ___________________________