This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
Massachusetts Simple Bill of Sale for Personal Property Used in Connection with Business
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How to fill out Simple Bill Of Sale For Personal Property Used In Connection With Business?
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FAQ
You should include the following information in your Bill of Sale:Seller and buyer information.Region and county.Item being sold and its description.Price, sales tax, and form of payment.Loans and liens on the item, if applicable.
The consideration is the value that the buyer transfers to the seller. Or, simply put and in most cases, the consideration reflects how much (or the dollar amount) the buyer spent to purchase the item. For instance, if the buyer purchases a car for $20,000 from the seller, the consideration is $20,000.
While Massachusetts does provide a form, you can also hand-draft your own, or use a custom vehicle bill of sale template. All bills of sale, however, should contain the following criteria: The names, contact information, and signatures of the buyer and seller.
Bill of Sale Templates are created in Microsoft Word. They are provided with all the basic information. For example buyer's detailed information as in Buyer's contact Info and also seller's in Seller's Contact Info.
Unlike some other states, Massachusetts does not require a bill of sale to be notarized or signed by both parties in front of a witness.
The Massachusetts Registry of Motor Vehicles does not offers a standard bill of sale form that you can fill out. If you decide to write your own bill of sale, make sure to include the following information: Date of sale. Cost of vehicle purchase.
You should include:Land or real estate location.Property description.Sale date.Sale price for the land or real estate.Contact information for the buyer and seller.Terms and conditions of the sale (for example, the buyer accepts property as is)
How to Get a Bill of Salethe cost of vehicle purchase.your full name and address.the buyer's full name and address.the vehicle's year, make, model, identification number and mileage.acknowledgement of any liens held on the vehicle.the date of sale.
In the Commonwealth of Massachusetts, a Bill of Sale does not need to be notarized. Click here to download and print a generic Massachusetts Bill of Sale Form for vehicle transactions that involve a car that is exempt from titling.
