Bill of Sale
What is a bill of sale?
- A document that attests to the transfer of ownership of personal property from a seller to a buyer
- Agreement for sale of goods
- Serves as a receipt of goods for the buyer
What should be included in a bill of sale?
- Amount of consideration paid for the transfer of ownership
- Date of purchase
- Name and address of seller and buyer
- Guarantee from the seller that the item is free from all claims and offsets, if applicable
- Any specific information about the property being transferred
- Representations or warranties, if any
- Signature of the seller and buyer