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The term ?bill of sale? originally referred to any writing by which an absolute disposition of personal property for value was effected or evidenced.
Noun. a document transferring title in personal property from seller to buyer. Abbreviation: b.s., B.S., b/s.
A bill of sale is a legal document that proves a transfer of ownership between a seller and a buyer. It frees the seller from liability and gives the buyer proof of ownership. The seller is responsible for drawing up the bill of sale form, and the buyer should carefully review it before signing.
When you sell something like that, your bill of sale will include basic information like: Seller name and contact information. Buyer name and contact information. Description of the item(s) you're selling. Price of the item(s) you're selling. Date the sale was made. Space for the buyer and seller to sign.
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