Bill Of Sale Add Demanded Field For Free

Similar to a receipt, a bill of sale is a written instrument that attests to a buyer's purchase of property from a seller.In other words, receipts are not bills of sale but a bill of sale may serve as a receipt.

A fake bill of sale is illegal and must not be used for official purposes. When writing a bill of sale, endeavor to provide correct info to avoid problems in the future.

In simple terms, a bill of sale agreement is nothing more than a contract for the purchase of a vehicle between a buyer and a seller.In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

Warranty : Private party sales are generally considered as is sales or ones without warranty. If your agreement does have a warranty you should put it in the bill of sale document. Parties Involved : Your bill of sale document should include the names, addresses and signatures of the buyer and the seller.

After going through the bill of sale together, both the buyer and seller must sign and date the document. Otherwise the bill of sale is not official.

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.More items...?Apr 20, 2011

A bill of sale is a legally recognized documented record of a transaction. A bill of sale may take the form of absolute or conditional depending on the terms therein. Today, bill of sale is commonly used when transferring title to property from one person to another.