Sellers of any property must always consider writing a Bill of Sale when a transfer of property will take place. This is to set out the essential details of the product or property bought by the buyer, which eventually gives the buyer the right and knowledge of their new property.
Any business transaction dealing with sales should have a properly filled out Sales Contract and a Bill of Sale. These two documents are vital since they are legal documents that declare and documents that the buyer has ownership of the property and that the seller can proclaim or end the duration of warranty for the product.
Horse Bill of Sale
Horse Trailer
Generic Horse Bill of Sale
Legal Horse Form
Firearm Bill of Sale
Private Party Firearm Form
Personal Firearm Form
What is a Bill of Sale form?
A Blank Bill of Sale Form is a form used when transferring personal property, either outright or as a security for a loan or debt. In other words, it is a written statement certifying that the ownership of a property has been transferred to another property, through a sale process. An example of this is when a company carries out a Bill of Sale under which they sold the assets of the restaurant and the goodwill of the franchised business. The Bill of Sale form, which basically includes the full details of the transaction, will then be handed to the individual who will purchase the restaurant.
How to write a Bill of Sale
Writing a General Bill of Sale Form doesn’t necessarily require the assistance of a professional. You may draft one at home on your own. Here are a few steps in writing a bill of sale:
- Label the document.
- Indicate the current date.
- Introduce yourself as the seller and indicate your rights to sell the property in question.
- Describe the property being sold.
- Add the statement of sale.
- Add a separate paragraph for additional stipulations relating to the sale.
- Create a space for the you (the seller), the buyer, and the notary public to sign.
Equipment Bill of Sale
Heavy Bill of Sale
Farm Equipment Form
Bill of Sale for Used Equipment
General Bill of Sale
Automobile Bill of Sale
Bill of Sale Motorcycle
Trailer Bill of Sale
Boat Trailer Bill of Sale
Boat & Trailer Bill of Sale
Vessel/Trailer Bill of Sale
When do You Need a Bill of Sale?
A Bill of Sale is necessary when transferring a property in a sales process. This is required by state laws to make a sale or transfer of property official. For the sale of vehicles, it is necessary for the buyer to be able to register the vehicle under his name and complete the transfer of the vehicle. For sellers, it is important for record keeping purposes.
It is important to have access to the right Bill of Sale Forms for the sale of certain properties. Boat Bill of Sale Forms are used in the sale of boats, and Equipment Bill of Sale Forms are used in the sale of equipment, whether it is a small handheld equipment or a heavy machine. Aside from these, there are various other types of Bill of Sale Forms that you can download from this very page.
What to Write on a Bill of Sale
For a smooth transaction when transferring a property to the buyer, it is always advisable for the company to have a well established Bill of Sale form that contains the following details:
- Agreed upon amount of consideration paid for the transfer of title
- Date of the purchase
- Name, address, and contact details of the seller
- Name, address, and contact details of the buyer
- Specific information about the asset being transferred (If it is a vehicle, then the make and model, color, vehicle identification number, year and other relevant details should be indicated.)
- Assurance from the seller that the item or property is free from all claims and offsets
- Any representations of warranties
- Statement of oath attesting that all information in the form is true and correct
- Any other statements that are required by the laws in your state
- Names and signatures of both the seller and the buyer
- Name and signature of a notary public
Home Bill of Sale
Basic Mobile Home Bill of Sale
Motor Vehicle Bill of Sale
Motor Vehicle Form
Bill of Sale of Motor Vehicle
Car Bill of Sale
Used Car Bill of Sale
Car Order Form
Boat Bill of Sale
Boat Form
New Boat Bill of Sale
How Does a Bill of Sale Work?
As you already know, a Bill of Sale is used to formally transfer the ownership of a property. There are various types of Bill of Sale Forms used for the transfer of various properties, such as motor vehicles, real estate properties, and many others. For motor vehicles, the DMV or Department of Motor Vehicles require a duly filled out and signed Bill of Sale Form so that the new owner of the vehicle may register the vehicle under his or her name. We have Sample DMV Bill of Sale Forms for such uses. In the same way, Trailer Bill of Sale Forms are used to formally transfer the ownership of a trailer vehicle.
Where Can I Get a Bill of Sale?
Most government agencies handling sales of properties, such as the DMV, provide a standard Bill of Sale Form to use. You may download some forms on their website or get one from them personally. If your state does not provide such forms readily, you may also download online templates and samples, much like the ones we provide on this very page. You can download these forms without hassle and without charges. You just need to fill in the blanks and you’re good to go.
Auto Bill of Sale
Basic Auto Bill of Sale
Business Bill of Sale
Business Asset Form
Blank Business Bill of Sale
Business Purchase Form
Watercraft Bill of Sale
New Watercraft Bill of Sale
Personal Watercraft Bill of Sale
Dog Bill of Sale
Puppy Bill of Sale
Pet Dog Bill of Sale
Sample Bill of Sale Form
Bill of Sale Guidelines
One simply does not create a form without preparing the necessary documents to substantiate the items on the form. Before you start downloading our Bill of Sale Form Samples, you should first prepare the official title of the item or property you want to sell. This will attest that you truly own the property you want to sell, and therefore have the right to sell it. You should also research the Bill of State rules and regulations in your state as these may vary greatly from state to state.
If you are going to draft a Bill of Sale Car Form, you should have the following documents and information ready:
- Registration certificate (either a long-term proof or one for each year that you owned the vehicle)
- Vehicle identification number or VIN
- Make and model, serial number, and year of the vehicle, or any other distinguishing characteristics
After you have drafted a proper Bill of Sale, it is best to have a professional take a look at the form to make sure that it is devoid of errors. This also helps to make sure that all necessary stipulations are indicated and that you have not missed anything in your research. After you have perfected the form, make sure to make three copies – for the buyer, the seller (you), and the transferring government agency.
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Trailer Bill of Sale Form
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