Bill Of Sale Template Delete Currency For Free

Date of vehicle sale. The seller's full name and address. The buyer's full name and address. Purchase amount. The vehicle's year, make and model. The vehicle identification number (VIN). The mileage on the vehicle's odometer. Vehicle warranty information, if applicable.

A Bill of Sale is a legal document between a seller and a buyer, documenting that a specific purchase was made on a certain date, at a certain place, and for a certain amount of money or in exchange for another valuable item.In addition, the Bill of Sale acts as proof that the buyer is now the owner of the item.

Sellers can draft a bill of sale on their own, but it's often helpful to use a template. While there are no universal formats or rules for what a bill of sale should look like, the document should include the names of the seller and buyer, a description of the item being sold, and the date of the sale.

Both the buyer and seller should receive copies of the bill of sale form. It's important for the buyer to keep the bill of sale with the title of the vehicle for registration and licensing purposes, if necessary. However, all parties should keep them for their own personal records.

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.

If your state doesn't provide a bill of sale, you can write one with key information about the vehicle and sale.

The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.