![]() ![]() This document will have everything from the buyer and seller’s information, a description of the item up for sale, the date of the sale, any other terms or warranties, and finally signatures from the buyer, seller, and any witnesses. It serves as proof of ownership and holds both parties (the buyer and the seller) accountable to the agreed terms listed in the bill of sale. Common UsesĪ Generic Bill of Sale form is used as a receipt that describes all the details of the transaction between a buyer and a seller. The personal property, whatever it may be, is sold on an “as-is, where-is” basis with no warranty. The document should only be signed AFTER the sale is complete. A bill of sale records the transaction of two (2) parties. I(We) do vouch to be the true and lawful owner(s) of said vehicle, the same is free and clear of all liens and encumbrances, and that I(We) have full power. The form is needed more by the new owner if they ever need to prove ownership. ![]() A general bill of sale is a document that acts as a receipt for any type of personal property exchanged for cash or trade.
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