Business Activity

Transfer construction goods ownership

There may be a situation where the construction company wants to sell the goods to another company and the original owner wants to retain ownership. Another reason why someone might want to transfer ownership of construction goods is if the goods are being leased to another company and the lease agreement stipulates that ownership will be transferred at the end of the lease period. Finally, someone might want to transfer ownership of construction goods as part of a settlement agreement in which one company agrees to sell the goods to another company in exchange for payment of a certain amount of money.

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