Charli Trundle January 9, 2020 Bill of Sale Examples
A bill of sale form is the document that is signed during a sale of goods or items between two parties. It is signed by both the buyer and seller, and is often used when an used or "second-hand" item is being sold. One of the most common uses of a Bill Of Sale Form is when you’re selling a used car or other vehicle to someone. In such a case, a Vehicular Bill Of Sale Form is signed by both parties.
Anyone who purchases an item that may later require proof of purchase should use a bill of sale. It is extremely important that anyone purchasing or selling a car privately, rather than at a dealer, should use a bill of sale. It is not unheard of that some unfortunate victims of fraud have purchased stolen cars. In a situation like this, a bill of sale is vital. Additionally, those who purchase a motorcycle, boat, trailer or any other form of personal property should also use a bill of sale. Bills of sales provide substantial benefits for both buyers and sellers.
Any bill of sale template, free or otherwise, ought to include these elements: Finally, any template should have a place for at least three signatures: the buyer(s), the seller(s), and at least one witness or notary. The bill of sale, if written properly, will have places for printed names, signatures, and dates at the bottom of the form. After you get to the bottom of the document, double-check it to make sure that it looks professional and is free of spelling and grammatical errors. If your bill of sale template passes muster, you`ll have a reusable legal document that can give you peace of mind anytime you`re buying or selling a tangible piece of property.
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