Articles in "Form Encyclopedia"

What is an Advance Health Care Directive (AHCD)?

An Advance Health Care Directive is a set of documents consisting of a Power of Attorney for Health Care and a Living Will, that allows you to make decisions about future health care issues, by allowing you to give health care instructions, select a health care agent or do both. By using an Advance Directive, [...]

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What is an Indemnity Agreement?

An indemnity agreement is a contract where one party agrees to protect another party against certain future claims or losses. For example, suppose Jack would like to enter into a contract with Jill to build a playground, but Jill is hesitant because of the potential future liability of such an endeavor. In this case, Jack [...]

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What is a Bill of Sale?

Whenever you sell any personal property to another person, it is a good idea to document the transaction in writing. A General Bill of Sale can be used for that purpose by anyone selling any item of personal property (i.e. lawnmower, computer system, furniture, electronics equipment, art piece etc…). It can help both the Seller [...]

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What is a Contract for Deed?

There are many names for Contract for Deed. It is sometimes known as a Land Contract, an Agreement for Deed, a Contract Sale or Real Estate Installment Agreement. This type of Agreement is useful in situations where the Buyer can’t easily obtain financing from other sources or other financing may not be even available to Buyer. [...]

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What is a General Affidavit?

General Affidavit forms are sometimes known as Declarations under Oath. They are used to make certain statements in written form under oath. Some are in the form of a “General Affidavit under Oath” while others are “General Affidavit before Notary”. You can find various examples of General Affidavit forms here.

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What is a Name Affidavit?

A Name Affidavit is a form that allows aperson to give a declaration that they are the same person as another name. This might be necessary in the event the person may have been know by or used different names in the past. Sometimes they are given under oath while other times they are given before [...]

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What is a Bulk Transfer Affidavit?

 A Bulk Transfer Affidavit Form is used by a seller of a business to inform the buyer of all creditors of the business and the amount of their claims against the business. Generally, failure to comply with the Bulk Sales or Transfers Act portion of the Uniform Commercial Code will mean that original creditors of a [...]

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What is a Novation Agreement?

A Novation Agreement is an agreement between a new debtor corporation, an older debtor corporation and a creditor whereby the new debtor agrees to pay the debts that the old debtor owes to the creditor. In return, the creditor releases the old debtor from any further obligations to it. Sometimes a parent corporation will enter into a [...]

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What is a Buyback Agreement?

A Buyback Agreement in an agreement between a Buyer of goods, a Seller of goods and a Bank that is financing the purchase of the goods. In this type of contract the Seller agrees to buy back the goods from the Bank at the end of the term of the financing.

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What is a Debt Guarantee?

A Debt Guarantee provides for a guarantor for the repayment of a debt. This guarantor basically acts as a co-signer for the borrower’s obligations to a specific lender. The guarantor will agree that if any of the borrower’s payments are late or not paid, they will make the payments. The guarantor may also agree that the guarantee may be enforced without [...]

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