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Sample Vehicle Bill Of Sale

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Maman Bouttier January 9, 2020 Bill of Sale Examples

In the world of legal documents, the bill of sale resides somewhere between a simple cash register receipt and a formalized title or deed. The bill of sale represents a record that a seller has sold an item of possession to a buyer. This legal document is usually drafted by the seller, and it signifies a record of the sale and intent to transfer ownership.

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One thing to know is that a bill of sale template acts much like a contract, meaning that if written and executed properly, it is legally binding to all signers of the document. For that reason, it is imperative that buyers and sellers not only read the bill of sale form carefully but also ascertain that all of the information is accurate and complete.

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A bill of sale records important information about the exchange of personal property. It will give information about the buyer, the seller, and the property that is being sold.

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