General Conveyance: Definition, Example
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What is a General Conveyance?
A general conveyance is an agreement between a transferor and transferee that affirms the transfer of goods from one party to another. This type of agreement is commonly used in auto sales and sets forth the sellers intent and promise to relinquish the vehicle to the buyer upon successful purchase. The general conveyance is used in conjunction with the bill of sale to affirm the purchase.
The purpose of the general conveyance is to guarantee that the seller will transfer ownership rights to the buyer upon signing. It also provides vital proof in the event that legal claims need supporting documentation.
General Conveyance Sample
Exhibit 10.3
GENERAL CONVEYANCE, BILL OF SALE AND ASSIGNMENT
THIS GENERAL CONVEYANCE, BILL OF SALE AND ASSIGNMENT, dated as of June 27, 2019 from GTX Corp, a Nevada corporation (the “Transferor”), with respect to the sale of certain assets of Transferor to INPIXON, a Nevada corporation (together with its successors and assigns, “Transferee”), and is delivered pursuant to that certain Asset Purchase Agreement, dated as of June 27, 2019, by and among Transferor and Transferee (the “APA”). Defined terms used herein without definition have the meanings assigned to such terms in the APA.
KNOW ALL PERSONS BY THESE PRESENTS that, pursuant to the terms and conditions of the APA and for the consideration set forth therein, the receipt and sufficiency of which are hereby acknowledged by Transferor, Transferor hereby sells, conveys, transfers, assigns, and delivers to Transferee all of Transferor’s right, title and interest in and to the Transferred Other Assets in accordance with the APA.
TO HAVE AND TO HOLD the same unto Transferee. Transferor hereby constitutes and appoints Transferee as a true and lawful attorney of Transferor, with full power of substitution, in the name of Transferee or in the name of Transferor, but by and on behalf of and for the sole benefit of Transferee, to demand and receive from time-to-time any and all of the Transferred Other Assets and from time-to-time to institute and prosecute, in the name of Transferor or otherwise on behalf of Transferor, any and all proceedings at law, in equity or otherwise which Transferee may deem necessary or desirable in order to receive, collect, assert or enforce any right, title, benefit or interest of any kind in or to the Transferred Other Assets and to defend and compromise any and all actions, suits or proceedings in respect thereof and to do all such acts and things and execute any instruments in relation thereto as Transferee shall deem advisable. Without limitation of any of the foregoing, Transferor hereby authorizes any authorized representative of Transferee to endorse or assign any instrument, contract or chattel paper relating to the Transferred Other Assets. Transferor hereby agrees that the foregoing appointment made and the powers hereby granted are coupled with an interest and shall be irrevocable by Transferor.
All of the terms and provisions of this General Conveyance, Bill of Sale and Assignment will be binding upon Transferor and its respective successors and assigns and will inure to the benefit of Transferee; provided, that nothing in this General Conveyance, Bill of Sale and Assignment, express or implied, is intended or shall be construed to confer upon or give to any Person other than Transferee and its successors and assigns any rights or remedies under or by reason of this General Conveyance, Bill of Sale and Assignment.
[Signature page follows]
IN WITNESS WHEREOF, Transferee and Transferor have caused this instrument to be signed in their respective names by its respective representatives thereunto duly authorized on the date first above written.
| GTX CORP | ||
| By: | /s/ Patrick Bertagna | |
| Name: | Patrick Bertagna | |
| Title: | Chief Executive Officer | |
| ACCEPTED AND AGREED: | ||
| INPIXON | ||
| By: | /s/ Nadir Ali | |
| Name: | Nadir Ali | |
| Title: | Chief Executive Officer | |
Reference:
Security Exchange Commission - Edgar Database, EX-10.3 5 f8k0619ex10-3_inpixon.htm GENERAL CONVEYANCE, BILL OF SALE AND ASSIGNMENT, DATED JUNE 27, 2019, BY AND BETWEEN INPIXON AND GTX CORP., Viewed October 10, 2022, View Source on SEC.
Who Helps With General Conveyances?
Lawyers with backgrounds working on general conveyances work with clients to help. Do you need help with a general conveyance?
Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate general conveyances. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.
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Meet some of our General Conveyance Lawyers
Abbi N.
I provide efficient, business-focused contract counsel services to companies and law firms, drawing on my experience as a Supervising Attorney and former Assistant Attorney General handling complex litigation, contracts, and regulatory matters across multiple jurisdictions. I deliver practical, strategic solutions—whether drafting and negotiating agreements, advising on employment and business issues, or managing risk before disputes arise. Clients hire me because I step in quickly, provide clear guidance, and produce high-quality work without unnecessary overhead.
Saranne W.
Saranne (Sara) is the owner and founder of S. Weimer Law, LLC. Sara has over a decade of experience practicing at prominent law firms. Prior to opening S. Weimer Law, Sara spent several years at a premiere international law firm representing companies and their leaders in every facet of the employment relationship. Sara has represented entities of all sizes, including some of the largest Fortune 500 companies, small start-ups, and key executives. Sara's experiences spans across various industries, including pharmaceutical, medical device, healthcare, financial services, technology, transportation, telecommunication, entertainment, non-profit, hospitality, and private equity. Sara has successfully represented her clients in single-plaintiff litigations, multi-plaintiff litigations, class and collective actions, agency charges, government audits, and disputes with competitors. Sara has extensive experience handling claims of discrimination, harassment, retaliation, leave interference, pay equity, medical and religious accommodations, wage and hour issues, whistleblower allegations, non-competes, restrictive covenants, and wrongful termination. Sara is also regularly retained to conduct internal investigations, respond to government inquiries, conduct workplace training, and negotiate executive agreements.
Stephen R.
Steve Reich is licensed to practice in both New York and Massachusetts and is based in Boston. He assists with environmental litigation and other complex litigation and heads the firm's intellectual property practice, including copyright and trademark registration and protection. Other practice areas include commercial contract drafting and civil litigation.
"Stephen was responsive, clear, and candid. He turned the work around quickly, welcomed my input, and offered honest, practical advice throughout. I would gladly hire him again."
February 21, 2025
Nicholas M.
Since getting my license to practice 3 years ago, I have been spent my time as a trial attorney with district attorneys office and insurance defense covering disputes with contracts, landlord-tenant, auto accidents, premises liability, and contract disputes.
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April W.
I close residential and commercial real estate transactions. Myself and my paralegal work hard to ensure that every closing is properly executed. I can write title insurance policies with two companies First American and AmTrust. We are a small title company, but we are capable and efficient. I love what I do and I would love to provide closing services for you as well. I am also a licensed real estate agent. I do not actively practice real estate in the sales agent capacity because of my real estate closing practice. I remain current with policies, procedures, issues and trends. I am available to help anyone buy or sell a home or refer them to someone who will do an excellent job.
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Carissa E.
As a resident of the Chicago Southside, Attorney Carissa Essex is a dedicated mother, wife, and attorney. Carissa graduated from the Illustrious Spelman College in Atlanta, Georgia in 2012 with a Bachelor of Arts Degree in Political Science. She then returned to Chicago to obtain her Juris Doctorate in 2016 from DePaul University College of Law. After working in Corporate America for several years as a full-time Legal Project Manager practicing law part-time, Carissa decided to devote all of her time to her legal practice and founded Essex Law in early 2024. Focusing on Family Law and Real Estate Law matters, Essex Law provides exceptional and affordable services to all throughout the Chicagoland Area.
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Jorge G.
Transactional and litigation real estate attorney for over 25+ years. Other areas of practice include family law, probate and general civil litigation.
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