Whenever a Sales Contract over any kind of purchase is completed, there is usually a Bill of Sale that comes along with it. A Bill of Sale shows proof that the transaction has been finalized. Think of it like a receipt after you purchase something from your local store.
We need Bills of Sale to show undeniable proof that a transaction took place between two parties. This ensures that both parties have given their consent and it also shows what was purchased. So after every purchase, especially one under contract, make sure that you provide a Bill of Sales.
Printable Generic Bill of Sale
Generic Bill of Sale in PDF
Vehicle Bill of Sale
Generic Trailer Form
What is a Bill of Sale?
As stated earlier, a Bill of Sale is proof that a transaction has taken place between two parties. It’s to show that both parties have come to an agreement over a transaction.
These forms state as to what was purchased, along with the price of the item or items that were transferred. So in the event that you have finalized a transaction with anyone, you’ll have to use forms such as a General Bill of Sale Form to show that all property rights of that item or items have been transferred.
How to Write A Bill of Sale?
When writing up a Bill of Sale, the information that will have to be placed in first is going to have to be personal information of both the buyer and the seller. So that means both of them will have to provide their names, contact numbers, and address, and other similar contact information.
Next will have to be the object that’s being purchased. A good example would be stating the type of trailer in a Trailer Bill of Sale Forms. What’s left is to write in the cost and the signatures of both the seller and buyer showing that the bill of sale is final.
Bill of Sale Personal Property
Motorcycle Bill of Sale
Generipricec Auto Bill of Sale
Generic Boat Form
Bill of Sale Form Guidelines
Here are the rules when issuing a Bill of Sale:
Always provide personal information. Whether you’re the buyer or the seller, you’ll want to know the information of the other party in the event that there are problems with the items being sold. So make sure these are always included, especially the necessary contact numbers and addresses.
Always give the proper details of the object or objects being sold. When listing down items in these forms, you’ll have to state the specifics of the object such as its brand and model number.
Properly input the total amount and the date of when the transaction took place. Buyers and sellers can benefit from knowing when the transaction took place so they can save it in their expense records. Plus it’s also important that the total amount of the purchase is properly inputted in these forms to ensure that there are no issues with the transaction price.
So no matter what Bill of Sale Form it may be, from Bill of Sale Forms in Word to Blank Bill of Sale Forms, just make sure that you use the right one for the right purpose. You can easily download any of them here with our multiple selections of Bill of Sale Forms.
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