How to Write a Bill of Sale (3 Easy Steps Anyone Can Do)

You
can
think
of
a
bill
of
sale
as
being
similar
to
a
receipt.
It’s
a
legal
document
that
gives
protection
to
both
parties
by
proving
the
sale
was
completed
and
that
the
property
and
payment
changed
hands.

For
the
seller,
a
bill
of
sale
is
proof
that
the
item
being
transferred
was
accepted
by
the
buyer
in
the
condition
described.

For
example,
if
someone
is
selling
their
used
car,
they
may
wish
to
sell
it
in
“as-is”
condition.
This
means
they
aren’t
extending
a
warranty
that
everything
on
the
car
works
perfectly
since
the
vehicle’s
used
condition
could
mean
there
is
an
unknown
underlying
problem
with
a
component
of
the
car.

By
contrast,
if
they
sell
it
with
a
warranty,
the
bill
of
sale
should
spell
out
what
they’re
guaranteeing.

For
the
buyer,
the
bill
of
sale
is
a
record
of
the
transaction.
This
gives
them
proof
of
ownership
as
well
as
a
record
of
their
payment.
Depending
on
which
state
they
live
in,
they
might
also
need
the
bill
of
sale
to
complete
the
transfer
of
ownership.
For
example,
some
states
require
motorists
to
produce
a
bill
of
sale
before
they
can
register
a
vehicle
in
their
name.

Sellers
can
draft
a
bill
of
sale
on
their
own,
but
it’s
often
helpful
to
use
a
template.
While
there
are
no
universal
formats
or
rules
for
what
a
bill
of
sale
should
look
like,
the
document
should
include
the
names
of
the
seller
and
buyer,
a
description
of
the
item
being
sold,
and
the
date
of
the
sale.