Question – In the transfer of personal property under $500, the following written instrument must be employed:

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Written by Posted On Thursday, 21 November 2019 05:00

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(A) Bill of Sale
(B) Chattel real
(C) Deed
(D) None of the above

 

Answer:  (D)  A bill of sale is required only when the value of the personal property conveyed is $500 or more.

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