How to Write a Bill of Sale. Download a Free PDF bill of sale template at:
Today I'm gonna show you how to make a bill of sale depending on where you live and what type of personal property you are selling.
So lets begin...What is a bill of sale?
A bill of sale is a document typically made or provided by the seller and presented to the purchaser as proof of the transaction. It often contains the date, property information, seller and buyer details, and is signed by both parties. The seller usually brings two copies, one for the buyer and another for his or herself to keep as a record.
When do I need a bill of sale?
It is recommended that you always have a bill of sale when selling any large or expensive personal property. Many states and local governments even require having them to sell automobiles of boats.
Here are some instances when you would want a bill of sale:
* Selling a Car, Truck, or other automobile
* Motorcycle, Scooters, Dirt bikes
* Boats, other personal watercraft
* RVs or Trailers
* Horses and Livestock
* ATVs, Four Wheelers, or Snowmobiles
* Tractors or Large Farm Equipment
* Even when selling Aircrafts
What Information is on a Bill of Sale?
You should always check with your DMV or local government but here are some common fields found on most bill of sale documents.
Buyer and seller information:
* Drivers License Number
* Mail Address
* Phone Number
* Date of Sale
* Selling Price
Vehicle or Vessel
* VIN or HIN
* Milage or Hours
* Engine Number (for motorcycles)
* License Plate number
Other information (depending on local laws)
* Is the vehicle or vessel a gift?
* If so, what is the relationship between the giver and recipient?
* Gift amount (value)
Where do I get a Bill of Sale?
* You can write one yourself as outlined
* Pay an attorney to write one specifically for you
* Download one for your state or type of property
* or you can Download a Bill of Sale mobile app and create one directly from your iPhone or iPad.
Download a Free PDF bill of sale template at:
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