Bill Of Sale Add Arrow

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You may be able to get a bill of sale form from your local department of motor vehicles or from your county tax assessor-collector's office. You can also write out your own bill of sale. When writing a bill of sale, be sure to include: The seller's name and address.
Lastly, the bill of sale must be signed by both the buyer and the seller and, in order to make it official, it is a great idea to have these signatures notarized. ... If a problem should arise, your bill of sale can prove an important document in a court of law and it is imperative that if you make one, you make it legal.
When writing a bill of sale, be sure to include: The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults [source: Cooper].
A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property, or parcel of real property of which he had ...
Both parties can sign a bill of sale but, in many instances, only the seller needs to sign it. Things can get complicated when a bill of sale is provided as security for a loan.
To write a bill of sale, start by writing Bill of Sale at the top of the page. On the next line, state that you are the owner of the item and give your name and address. Then, include the make, model, and registration number, along with any other pertinent information about the item.
A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property, or parcel of real property of which he had ...
Bill of Sale Law and Legal Definition. A bill of sale is a document that transfers ownership of an asset from a seller to the buyer, a basic agreement for sale of goods, and a sales receipt. ... Guarantee from the seller that the item is free from all claims and offsets.
When writing a bill of sale, be sure to include: The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults [source: Cooper].
It is a legal document, similar to a contract, that makes a record of the agreement to sell and receive the goods. To be legally binding, the agreement is made consciously and some actions will now be either prohibited or required, depending on the situation: A bill of sale is a piece of evidence for the sale.
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