In consideration of the sum of Rs__________, the receipt of which is hereby acknowledged , the undersigned (Seller) hereby sells and transfers to _______________________, (Buyer) the following chattels and personal property:
(Describe)
The Seller warrants that it has good title to said property, but that said property is being sold subject to the following encumbrances on said property in the amounts shown:
(Describe and Enumerate)
Buyer agrees to assume and pay said secured debt and indemnify and save harmless Seller from any claim thereon.
Signed and sealed this ______ day of _____________, 20__.
_______________________________ ___________________________
Seller Buyer
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