It probably was, but even in a cash deal, a smart person will have a P&S agreement, even if it is a boilerplate one, since most of the boilerplate ones will have the "free and clear title" part as a requirement.
Originally Posted by catamount
What's with this P&S agreement stuff? Can't you just sense that this was a cash sale on a handshake, bill of sale written out on a napkin, hell of a deal -- really cheap, (the "original" owner skating out on the lien...)? (evil grin)
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You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
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