Other examples of transfers include the sale of an automobile where the transferor has the certificate of ownership as proof of ownership. Many of these sales are made between two people who do not set complicated terms of sale and instead use a simple purchase and sale contract. In general, a transfer between persons outside of a financial institution or other legal entity exposes the parties to higher risks and subsequent disputes that are difficult or impossible to resolve. Any party receiving ownership or custody of the delivery would be considered a purchaser, any party that renounces title or custody would be considered a seller, and any party that obtains and renounces title or custody would be both an assignee and an assignor. “Endemic”: What do these terms mean? Why do “left” and “right” mean liberal and conservative? This question and answer has been published under consolidated list of Reformulation Gasoline and Anti-Dumping Questions and Answers: July 1, 1994 to November 10, 1997 (PDF)(333 pp, 18.17 MB, EPA420-R-03-009, July 2003, About PDF) NSW, Australia, Land Title Act, p. . . .