- Simple bill of sale template pdf#
- Simple bill of sale template registration#
- Simple bill of sale template code#
ConditionalĪ bill of sale is called conditional if the seller includes any special conditions regarding the payment or ownership of the object being sold.Įxample 1: You want to buy a used car and pay for it in installments. Hence, after the transaction is over, neither party owes anything to one another.Įxample: If you buy a used vehicle in “as-is” condition and pay for it fully during the vehicle transfer, the seller will draft an absolute bill of sale.Įvery bill of sale form available here is considered absolute until you add some special instructions yourself, which can be done in any template we offer. AbsoluteĪ bill of sale is called absolute when the buyer pays the whole amount during the item transfer and there are no warranties or ownership conditions specified. You can learn more about this classification below. The main property categories are vehicles, animals, and personal property.Ĭheck All Available Types ⟸ Check our bill of sale templates customized based on the property type.īesides property, the contents of this document can change if the buyer wants to specify certain conditions regarding the method of payment or the item sold. The contents of a bill of sale can vary depending on the type of property you sell. A VIN must be stated in any bill of sale form that involves a vehicle sales transaction.
Simple bill of sale template code#
VIN – this is a Vehicle Identification Number, a 17-character code comprising letters and numbers that serves as a unique piece of identifying information for a vehicle. As an example, a motor vehicle owner might decide to “trade-in” their used car for a slight discount on the vehicle owned by the seller or go for an equal exchange. The buyer’s item is considered the same in value or acts as a small discount for what the seller offers. Trade-In – a transaction where a buyer offers an item to the seller for another item. Notary public – a third-party public officer without any stake in the transaction who can confirm the legitimacy of the signatures for both the seller and buyer. Payment – any legal method used to pay for an item or service in a transaction. Gift – this is legally defined as giving something to a “buyer” without the expectation of any monetary compensation or consideration. Seller – the person or party who gives up an item or service for sale. An as-is bill of sale also protects the seller from being forced to refund the buyer for any defects, even if they are discovered after the purchase.īuyer – the purchaser of a service or item. Short Video Guide Key Bill of Sale TermsĪs-Is – This term is used in most bills of sale and means that the item is “sold or purchased from a private party in its current condition.” From the legal perspective, it implies that the buyer accepts and acknowledges any defects or faults of the item at the time of purchase and cannot use those against the seller in a lawsuit.
Simple bill of sale template registration#
Obtaining this document is often required during vehicle registration and title transfer.Īfter you complete a bill of sale, make sure both parties involved sign the form and keep its copy to protect the buyer and seller from legal claims by either side.Ī bill of sale can be sometimes called by its alternative names: declaration of sale, proof of payment, certificate of car sale, bill of transfer, proof of sale for car deals, sales receipt, or sales slip. A bill of sale contains all of the essential information about the sale and the condition of the personal property being sold and is usually used in car, motorcycle, watercraft, and gun deals. It serves as proof that an item was passed from one party(seller) to another (buyer). What Is a Bill of Sale?Ī bill of sale is a relatively simple legal form that functions as a receipt and is used to document a sales transaction.
Simple bill of sale template pdf#
If you are not interested in learning more about this form, you can jump straight to the creation process by clicking the “Create My Document” button or downloading one of our free fillable templates in PDF and creating your own document. If you want to find out more about all the relevant aspects, we invite you to continue reading and watch our video guide below. That includes the basic terms, an extended definition, standardized form types, and a detailed template completion process. This article contains a comprehensive guide on many aspects of using bill of sale forms.