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 is a written proof that the property is transferred to. This bill sale document works as the legal evidence that the seller has transferred his property or interests mentioned in the sale bill to the buyer. 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. The bill sale is, in general, the document by which transfer of interest or title of a property from one person to the other can happen. A Generic Bill of Sale form is used as a receipt that describes all the details of the transaction between a buyer and a seller.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |