A bill of sale is a legal document that keeps the record of the transfer of ownership of an asset to a second or purchasing party in contemplation of money. It is most commonly used to track the sale of aircraft, motorcycles, autos, etc. Meanwhile, it also can be used to track the sale of personal property, for instance, animals, furniture, or any other party. It is used in conditions where the former owner owns possession of goods. It can be used in a variety of transactions. For instance, people can sell their items, exchange them, give them as gifts to others, or mortgage them to get a loan. A bill of sale template is a handy tool for people who wish to create this document.
A bill of sale can be used to transfer ownership of goods that people own already or to transfer ownership title of moveable and tangible goods. It can be used by individuals and incorporated businesses. Furthermore, it is drafted by the seller and consists of all the essential information relevant to the transaction, and protects the rights of both parties involved. A general bill typically includes the date of the event, name, and address of buyer and seller, amount settled for transfer of ownership, description of the goods or assets that are being transferred, guarantee that the assets are free from all claims and balances, warranties, signatures of both parties and notary public as well.
If you wish to sell your asset and need to transfer its ownership to the buyer then our bill of sale templates can help you a lot to format the document and to add in all the essential details regarding the transaction. Scrolling down the page, you will be able to figure out our extremely great collection of bill of sale templates, which are available below in different styles and formats. So, go ahead and click the download button to begin.