Selling Price : The price at which you're offering the merchandise should be stated in your bill of sale.

Description of Item : It's critical to include as much information as possible about the item in your bill of sale.

Date of the Sale : The date of the deal should be noted on your bill of sale document.

Therefore, we have highlighted the standard information that should be included in a bill of sale. However, the components vary according to the property, product, or services that you're selling. Here's a checklist of the things to consider on a bill of sale document before getting started. What to Include in a Bill of Sale Document? So for your reference, we'll walk you through a few common elements in the “bill of sale” paperwork before exploring the templates.

But unfortunately, many consumers don't understand what they're signing and wind up in trouble later on. Without a doubt, the last thing a buyer wants to be concerned about when purchasing a car is whether or not the paperwork is complete. You have no clue what’s written on it and wonder if this is even a legal document. This essential document proves the transaction to protect the buyer and the seller in a dispute.Ĭonsider this scenario – you've just purchased a vehicle but the seller hands you a crumpled piece of paper with some scribbled text on it.

But what exactly is a bill of sale, and how can one authenticate and verify it?Ī bill of sale is a must have document when you sell or purchase a plot, asset, or other expensive products/services. If you have ever purchased or sold an asset or a property, you must be already familiar with the concept of a bill of sale.

Easy bill of sale template