Course Solutions Uncategorized (Answered) : 49. Personal property can be transferred with a minimum of formality. true or false?

(Answered) : 49. Personal property can be transferred with a minimum of formality. true or false?

June 27, 2024| admin| 0 Comment| 7:35 pm

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49. Personal property can be transferred with a minimum of formality. true or false?

Expert Answer

True

Personal property can be transferred with a minimum of formality.

But in case of real property transfer generally invloves a written sales contract and a deed that is recorded with the state.

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(Answered) : 49. Personal property can be transferred with a minimum of formality. true or false?

Expert Answer

True Personal property can be transferred with a minimum of formality. But in case of real property transfer generally invloves a written sales contract and a deed that is recorded with the state.

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True

Personal property can be transferred with a minimum of formality.

But in case of real property transfer generally invloves a written sales contract and a deed that is recorded with the state.