A bill of sale is a document to declare the transfer ownership of goods from one party to another. It is usually written as a proof of transaction between two parties. They, the buyer and the seller, agree on all of the points stated in the bill. Make sure you check all of the points in the bill. It has legal binding. So, do not sign it if you do not agree with one or two items mentioned in the bill.
Three Things to Pay Attention | Bill of Sale
See the following things when you are dealing with bill of sale:
- It can be used to transfer ownership of goods belong to one of the party.
- The goods are generally moveable and tangible.
- The transfer can be done by individuals, not incorporated businesses.
Bill of Sale Sample
Bill of Sale
I, Susan White, in consideration of twenty-thousand dollar ( $ 20,000 ), do hereby sell, transfer and convey to George Williams, the following vehicle :
Make : Hyundai Santa Fe Year : 2016
I, the undersigned seller, do sell the above-described vehicle to the buyer for the amount stated above and certify that all of the information provided in this Bill of Sale is true and accurate to the best of my knowledge.
I, the undersigned buyer, acknowledge receipt of this Bill of Sale and understand that there is no guarantee or warranty, expressed or implied, with respect to the above-described property. It is also clearly understood that the above-stated vehicle is sold in “as is” condition.
Dated this Saturday, March 14, 2017
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